JD trade ideas
Potential Gartley PatternIf the Gartley pattern completes, it is a very high probability reversal pattern. Check the related ideas for accuracy.
The plan of trading JDI guess there is a lower open tomorrow, the bright green line is good for put position entering, but you need to consider the purple line, like what i draw on the Chart.
JD, Daily chartJD.com is the world's leading company in high tech and AI delivery through drones, autonomous technology and robots, and possesses the largest drone delivery system, infrastructure and capability in the world. It has recently started testing robotic delivery services and building drone delivery airports, as well as operating driverless delivery by unveiling its first autonomous truck
Using a CLONING technique share by @nmike, an original channel is drew as shown. After that, an identical channel is being cloned and STACKED above the current channel for potential future price movement, which is to be validated in 3-5 years.
A target of ~125 is forecasted which we do not know whether it will happen or not.
Disclaimer: This is NOT a suggestion to buy/sell and this post only serves as analysis and research work at best
JD, Daily ChartJD.com, Inc. also known as Jingdong and formerly called 360buy, Being a Chinese e-commerce company headquartered in Beijing, it is one of the two largest B2C online retailers in China by transaction volume and revenue, a member of the Fortune Global 500 and a major competitor to Alibaba-run Tmall. As of September 2017, the platform has 266.3 million active users.
It is currently the world's leading company in high tech and AI delivery through drones, autonomous technology and robots, and possesses the largest drone delivery system, infrastructure and capability in the world. It has recently started testing robotic delivery services and building drone delivery airports, as well as operating driverless delivery by unveiling its first autonomous truck
Using a CLONED technique which is NOT found in any technical analysis book nor in google, not even to mention CMT courses, (a tribute to tradingview good fren @nmike), i learn this from him ^_^
Let's give it a 3-5 years to see it going to achieve the target of around 125.
Disclaimer: This is NOT a buy/sell suggestion, solely on analysis purpose
Binary Trade Idea - Divergence at the 200 sma/emaPosting this one a little late. Originally had this idea two days ago.
MACD and RSI divergence spotted on the daily, along with price at the 200sma/ema.
Stop cn be kept just below the low there, making this a binary trade.
JD - hourlyI like this on all time frames. This is based off the hourly coiled stochastic divergence and is a shorter term trade setup.
Buy: 44.00
Target: 44.55 - 46.25 (1.25% - 5.11%)
Stop: 43.50
As using day trading process, two targets has approached I am so happy to notice, my JD short plan has approached. If you saw my analysis, and short at the position i draw on pic, congrats.
JD BreakoutJD has broken out of it's down trend. Confirmation will be if it impulses to the upside and does not slowly go back down.
JD in ABC correction? CCI / RSI gaave previous buy signals. However CCI is decreasing. Elliot Wave was quick and dirty (wave 3 isn't longest etc.). MACD buy signal could be false.
No position is taken yet.
JD longLong via Mar16 42/48 call spread for $2.36.
POP: 41%
Max Loss: $236
Stop Loss: Price at $42
Max profit: $364
Target: $48 (will peel off here)
long 42 call: 61 delta
short 48 call: 23 delta
