Bullish indications all around for the Chinese stocks and $JD is no different.
Has bounced very well since hitting its 0.78 Fib and has now gone above its previous high, confirming its bullish trend and this Wave 3 too.
I expect this to run to $48, which is the 1.618 Fib, where I expect $BABA to run too aswell (the 1.618 Fib here).