JDraw

A lot of fundamentals changed with JD recently but playing the Stochastic RSI before the news would've been very profitable. Bull Div in the blue gave a nice relief bounce until the Hidden Bear Div stopped the party. IMO the aggression of the sell off (from a price perspective) once the news about Liu hit, suggests momentum was already subsiding. I'll be knife...

Target buy 783. Super tight stop-loss at 750. First major target near liquidity pool at 1300. Liking how far the EMA is from the Signal on the weekly. SNM has been very regular in its cycles since launch, recent price movement looks like it may have started.

Since the dot com bubble sell off, every time the monthly StochRSI has gone below 2, Vodafone has made at least a 30% gain over 12 months. The blue diagonal shows my current trend bias and I think Vodafone is undervalued for the dividend value it gives and the growth opportunities it can command given its economies of scale. Invalidated for me at 146. A break...

Cautiously short term neutral but ready to sell as soon as it closes with a new local low approx: 36k Crossing MACD shaking people out at the moment. Smart sells? TBD.

If the higher low holds, the good FA news with IBM is likely to give a decent relief rally. If not, I think we are heading straight down to yearly support.