JD potentially going for a new high after S/R flip.

JD is coming off a correction from its all time high after reporting negative net incomes again, dropping in price along other Chinese stocks. JD has mostly been netting a loss recently due to re-investments into smaller companies part of JD, such as their delivery service DADA, but also others like JD Logistics. Their revenue seems to still be in an uptrend. I believe once profit margins get sorted out with time, they will start netting a profit again and EPS will go up > leading to increases in stock price.

This confidence is seen by JD as well from their first dividend payment that came out recently, which was a pretty substantial size, almost 22B dollars. About $1.26 per ADS.

“We are pleased to announce this return of capital to shareholders,” said Richard Qiangdong Liu, chairman of the Board of JD.com. “Our Board’s approval of the special dividend reflects our confidence in the Company’s long-term growth potential and strong balance sheet, which allow us to pay the dividend to shareholders, while maintaining financial and operational flexibility to continue to grow our business over the long term. In the long run, we will also consider measures including paying dividends as appropriate from time to time to give back to our shareholders.”

A recent headline: 'Market Chatter: JD.com Wins China Nod to Buy Three Cargo Planes'
As JD keeps expanding I can only see a better future for this company.

To me current prices seem like a great discount moment to buy.
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