$JD
Added 2025-03-14 20:38:08 +0000 UTC$JD I believe has the same characteristics as $BIDU right now, both are potentially in Wave 3 but have not started their aggressive move yet....unlike $BABA, $YINN and the HSI, which I feel is now an opportunity for $BIDU and $JD.
A higher high here next would confirm the trend above $47.50 and Wave 3 for me, with a target as always at the 1.618 Fib at $70 next
This would also bring the price action up to the blue line which is the price range since 2021.
Chinese ADRs continue to look strong right now and have been an excellent hedge against the market in 2025.
Comments
Delighted to see coverage on this, was on my list and have now bought it. Thank you!
Michael
2025-03-17 15:03:43 +0000 UTC
