$JD.com(JD)$ $JD-SW(09618)$ If JD's chart is reacting like $Alibaba(BABA)$ $BABA-W(09988)$ and $TENCENT(00700)$ $Tencent Holding Ltd.(TCEHY)$ after China's recent round of stimulus, then it looks like there’s some room left to climb. BABA has already gapped up toward $120, and TECHY is almost at $62, which seem to be their resistance levels on the 5-year chart. For JD, resistance was set around $62 back in 2022 and 2023, so it feels like there’s still some space for JD to run, especially if these stocks keep moving in sync. I’m watching closely, and if the trend holds, JD might have a bit further to go before hitting its ceiling.
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