I neglect $JD a bit because I do not hold it but it is moving exactly in line with $BABA and $BIDU and hit its 1.618 Fib exactly, so again we are looking for support to be found here on the 0.38 Fib at $38 to complete Wave 4.
A hold here and $JD can move higher to complete Wave 5 at $62
So I expect this to continue to move with the other Tech ADRs.
Nick E
2024-10-09 15:18:00 +0000 UTC