$JD.com(JD)$ trying to break t

2023-11-27

$JD.com(JD)$ trying to break through 2nd downtrend line (Green on Chart). If this clears and starts trading over $28.60s has a lot of room and next major downtrend line in on 3yr 1 wk chart in high $40s

JD doesn't move far, quickly. Even with the positive earnings surprise it only popped a couple dollars. It's a slow burner. It will be a big technical move to touch $29s this week. Sustainable $30s ,$40s is only on multiple good quarterly earnings going forward.

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