JD.com, Inc.

Bilateral pattern on JD: Ready to gain $10 or lose $10?

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JD is facing a critical point over here. After a disappointing result in Q1 (due to heavy investment on AI, logistics, etc.) JD was heavily punished by the market. There is a signal of recovery over here with a bullish divergence. The descending triangle has two opportunities. Further down movement or breaking through and moving up again.

Target upwards: 45
Target downwards: 25

Following this one.

-- Just personal doodles, no financial advice --

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