$JD
Added 2023-08-11 09:49:07 +0000 UTC$JD is in the same camp as $BABA and $NIO, using the 200 Day MA to find support and still looks good with more upside still to come.
$BABA is in a strong position I believe and this is why I have added more to $BABA instead of buying other Chinese stocks.
However, as long as this stays above the 200 Day MA, there are no concerns here.
Comments
Captain, unlike BABA and NIO, JD's price is still way lower than its 200 MA $44.9. Does this mean it will follow the same patten at projected. My majority portfolio is on JD and desperately want to reduce this and allocate somewhere else. I'm a bagholder for since last 2Q's. Your insight is appreciated.
Suthan
2023-08-11 11:25:10 +0000 UTC
