Saturday, February 23, 2019

Will JD.com (JD) recover from it's CEO misconduct?

We trade what we see from the chart.

JD.com lowest price was US20 in Dec 2018, recently the price start to show sign of recovery with the system auto plotting blue bar and up arrow.

Based on chart and our system, as of now no sign of exit yet... still holding on...and will exit only when the down arrow and red bar appear on the chart.


Business Summary
JD.com, Inc. is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com. It also offers an online marketplace that enables third-party sellers to sell their products to customers on the Company's Website. The Company operates through the provision of a single class of services for accelerating and improving the delivery of its products over the Internet. The Company also offers online and in-person payment options and customer services. The Company operates approximately 210 warehouses with an aggregate gross floor area of approximately four million square meters in over 50 cities. It operates over 5,370 delivery stations and pickup stations in approximately 2,350 counties and districts across China. 

Netflix shot up almost 15% within 2 days



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