JD.com is Bullish (Double Bottom)

2023年4月29日

Weekly Hammer close. $ 33 potential double bottom in play.

Highly volatile and subject to gap ups and downs being a chinese name.

Will be looking for entry early this week.

2023年4月29日

註釋

Hang Sang Index (HSI) with a weekly hammer close over the 50 moving weekly average.

HSI gives us an early look in to JD's potential price action on the NYSE the following day.

Note it is in a large timeframe inverse head and shoulders.

I am hedged potential Chinese/Taiwan conflict issues with Lockheed Martin shares (LMT) as that is always in the background.

2023年5月3日

交易進行

Long 1/4 position @ 34.25

2023年5月3日

交易進行

Add 1/4 position @ 34.50

1/2 max

2023年5月11日

交易進行

I'll be adding here on any pullback to max out the position. Nice day.