Thoughts on JD.com?

The Investor
2022-08-30

Hey everyone! I have a setup here $JD-SW(09618)$ 

On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise to buy entry at 253.4 where the swing high resistance is. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum to carry price to take profit at 286.6 where the swing high resistance, 127.2% fibonacci extension and 78.6% fibonacci projection are. Alternatively, price could drop to stop loss at 229.6 where the overlap support and 61.8% fibonacci projection are.

Entry: 253.4 [Smile] 

Take Profit: 286.6 [Miser] 

Stop Loss: 229.6 [Cry] 

$JD 5xLongSG230329(DTZW.SI)$ 

$JD 5xShortSG230620(DGNW.SI)$ 

# Technical Analysis

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.

Report

Comment（33）

  • Top
  • Latest
  • ElvisMarner
    ·2022-09-01
    It is in an awkward position, with an equal chance of going up or down.
    Reply
    Report
  • BellaFaraday
    ·2022-09-01
    I am not optimistic about JD's future performance.
    Reply
    Report
  • MortimerDodd
    ·2022-09-01
    I believe the JD goes up to 286 without a problem.
    Reply
    Report
  • wigglyz
    ·2022-08-30
    JD has been investing in the new smart technology.Bullish.
    Reply
    Report
  • DonnaMay
    ·2022-09-01
    Maybe your stop loss is set too high.
    Reply
    Report
  • cheerzy
    ·2022-08-30
    JD has a strong support down there.
    Reply
    Report
  • EvanHolt
    ·2022-09-01
    Stop loss is a wise choice.
    Reply
    Report
  • 叫我發先生
    ·2022-08-30
    Heng heng, pls give me a like
    Reply
    Report
  • pixiezz
    ·2022-08-30
    JD is coming back just like before.
    Reply
    Report
  • snugglo
    ·2022-08-30
    Biggest regret i should get into JD not BABA.
    Reply
    Report
  • joshuanoob
    ·2022-08-30
    like pls
    Reply
    Report
  • An Long
    ·2022-08-30
    [smile] [smile]
    Reply
    Report
  • Rocky1985
    ·2022-09-01
    Gg
    Reply
    Report
  • tiger cub
    ·2022-08-31
    ok
    Reply
    Report
  • Leefh888
    ·2022-08-31
    [Smile]
    Reply
    Report
  • Mindthink
    ·2022-08-31
    Ok
    Reply
    Report
  • JCWOO
    ·2022-08-31
    Ok
    Reply
    Report
  • Santoshgrg96
    ·2022-08-30
    😂
    Reply
    Report
  • WAY78
    ·2022-08-30
    good
    Reply
    Report
  • bossbaby
    ·2022-08-30
    Ok
    Reply
    Report