JD
is the stock I hate to love. The company's stellar revenue growth doesn't seem to be translating into the price. JD will remain trapped in a downward trend until 50 MA moves above 100 MA and the price breaks (and holds) above the trend line . MACD is looking positive, and the trading volume is picking up indicating an exhaustion, but it's still too early to jump in.
JD
is the stock I hate to love. The company's stellar revenue growth doesn't seem to be translating into the price. JD will remain trapped in a downward trend until 50 MA moves above 100 MA and the price breaks (and holds) above the trend line . MACD is looking positive, and the trading volume is picking up indicating an exhaustion, but it's still too early to jump in.