$JD is in the same camp as $BABA and $BIDU, fundamentally a strong company but the share price is not reflecting this strength.
Price has been able to hold its 2018 low on our blue line and testing the 0.88 Fib at $29.35 from below.
This is a stock that is also in the buy zone now too.
Levels to watch:
Staying above the 0.88 Fib at $29.35
Getting above the 200 Day MA at $35
and getting above the downward channel at $39.
Burry has added $BABA and $JD again, after selling last quarter.