Going short for JD?

2022-05-19

Hey guys! anyone considering going short for $JD.com(JD)$ ?

I am considering going for sell if the price breaks through the horizontal support level at 190.8 since price is below ichimoku which suggests bearish momentum. I will probably put my take profit at the swing low at 161.4 and my stop loss at 216.6 which is in line with the 23.6% fibonacci retracement.

Sell entry: 190.8[Smile]

Take profit: 161.4[Happy]

Stop loss: 216.6[Cry]

$JD 5xLongSG230329(DTZW.SI)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

CalvinCougar
2022-05-23
CalvinCougar
you short it.. so I can get discounted price
葉家豪
2022-05-19
葉家豪
[Smile]
Klim8898
2022-05-19
Klim8898
ok
freezey
2022-05-19
freezey
[Cool]
JJames
2022-05-19
JJames
ok
Davekkw
2022-05-19
Davekkw
Ok

Leave a comment

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