JD.com, Inc.
Long
Aggiornato

JD broke out of the cup and handle pattern

167
JD broke out of the cup and handle pattern with a bullish gap up, and is now targeting 88.9$, any pullback towards the neckline at around 85$ is a buying opportunity. Place stops at 77.5$.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Nota
This trade is not stopped yet, the stock is finding major support around 79$ exactly at the red line shown on the chart, target is still active at 98.9$ (Not 88.9$ as per the original post, typo error). A nice triangle formation is formed, break of 85$ will set the stock to a bullish move.
Trade chiuso: obiettivo raggiunto

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