What do you guys think about JD?

2021-12-08

Hey all ! Check out $JD COM INC(9618.HK) , price is reacting nicely, in the ascending channel. I am expecting price to bounce from the pivot level in line with 127.2% Fibonacci projection and 78.6% Fibonacci retracement towards the take profit level in line with 61.8% Fibonacci projection. My bullish bias is further supported by the stochastic indicator where the %K line is at the support level.[Grin]

Potential Pivot level @ 316.4

Potential Take Profit level @ 361.8

Potential Stop Loss level @ 296.8

$JD 5xLongSG230615(DJCW.SI)

$JD 5xShortSG220908(DUDW.SI)

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