Trader_Joe_Lee

JD, Bullish Cypher pattern

看多
NASDAQ:JD   JD.com, Inc
JD.COM rallied from 20 to 49 within a year, and after it failed to break 49 fig level in 8/8 in addition to the earnings report in 8/8, it plunged about 20%.
JD is one of the most competitive competitor with BABA, as this BABA rocket keeps on surging to the sky, JD should also be attractive to those who are too scared to buy BABA above $165.

Based on this bullish Cypher pattern, it suggests to buy around 40 .
While as always, I need at least one more reason to convince me, so I'll focus on if there are

1. Hammer
2. Double bottom
3. inside bar breakout

happened here , I don't mind if it happens on smaller time frame.

If so, it might be a good try to long and the potential out is below 38.50.
評論: 30min double bottom entry
評論: got my 1st kick @ 41.92
評論: daily double bottom about to be formed (waiting for it to break 43.06)

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。