$JD - RC - WATCHLIST -
Added 2023-12-28 17:37:12 +0000 UTCWe have another potential monster in the wings here...
Extremely beat up over the last 3 years and is consolidating in the buy zone now.
Remember, we have never had a price action that has broken DOWN below the buy zone bottom limit....always up.
eg: $ZM, $PYPL, $DIS, $BABA, $NIO...
I am very heavy into $BABA as my Chinese commerce exposure and I prefer them due to their stronger fundamentals, particularly their margins.
That being said, if $JD can hold above the buy zone at $29.50, this will show early signs of reversing.
