Jdshort — Trading Ideas on TradingView

JD: China Rebound Over? JD.com - Short Term - We look to Sell at 64.14 (stop at 70.67) Previous support, now becomes resistance at 62.00. 50 1day EMA is at 67.80. The bias is still for lower levels and we look for any gains to be limited. We look for losses to be extended today. Our profit targets will be 46.03 and 41.10 Resistance: 65.00 / 80.00 / 90.00 Support: 50.00 / 41.00 / 35.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.

JD is poised to break the counter trendline and bounce ! JD is poised to break the counter trendline and bounce ! JD is squeezed in triangular pattern and is likely to break above after hitting the -27% fib retracement target where the spike down is. If we are going to see a breakout of the counter trendline, it indicates more upside could be there !

JD is still in correction. Gap filling might occur! JD is still in correction. Price is retesting the key 61.8% fib retracement and graphical pullback support. Gap filling might occur before a potential bounce, so better to put stop loss below that.

JD could make limited pushdown towards our pivot level! JD could make limited pushdown towards our pivot level, where the 61.8% fib retracement is. MACD is also showing that this bullish trend could enter a period of consolidation.

JD.com bullish long term Another stock that's in my portfolio is JD.com (NASDAQ: JD), the national e-commerce giant second only to Alibaba (NYSE: BABA) in gross merchandise volume. It did remarkably well in the first quarter, when China saw its first economic contraction since the government began reporting statistics. It did even better in the second quarter as the wheels of the economy started speeding up again. The covid period has really helped many e-com boost their revenue and profit. Amazon is one of them as well. That said, I feel JD.com has huge potential and definitely a stock worth holding long term. Even once covid is over, I highly believe that users of e-com will still continue using it and they will continue to be profitable. A good entry point if it ever retrace would be around $64 - $70. Although I feel that there's a chance that it will just continue its rally if Covid cases continues to increase and no vaccine is discovered.

Two Week Simulated Paper Trading Positives First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said let me get into a few of my insights. I have decided to close paper trading positions today on Tesla, NVDA, and JD on a positive note given that paper trading sometimes helps with my analysis as a conservative strategy for some benchmark stocks. That being said, I like the higher growth stocks more than these picks from time to time. Tesla, I have an expectancy it should pass $830 quite soon, NVDA could rally towards $375, and JD is definitely going to pass $50, then the $55 threshold. JD as I said before, follows as a strong Alibaba competitor.

JD: $57+ Short Target + Long Potential (Similar FVRR Pattern)First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, here are a few of my key insights. For JD.com, I am expecting it to follow a similar trend to Fiverr when Fiverr was at its $50 mark and continue a bullish run. As Alibaba's competitor, the financials for JD have been strong and we are in the digitization demand period. I expect it to pass a $57 threshold relatively soon given previous forecasting retracement patterns. I seen JD very recently this month at $44.76, and was spot on prediction-wise. A 12% growth though was minimal for me, but now I think it is about to have a continuation of its bullish momentum. I may surprise someone by telling them of this stock pick and seeing how it goes or testing another strategy.

JD: $50 Short Target + Long Potential First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my insights. JD is currently on a bullish run and just in March it was nearly 25% lower in price, now currently it is at the $44.76 price point and with it going up 3.37% today, I expect quite soon it is about to pass the $50 threshold and have a continued bullish run or maybe even a rally.