JD.com, week 6 of a managed sell signal
JD.com: the decline slows, the bounce stays modest
JD.com, week 6 of a managed sell signal
In Summary
JD.com is in week 6 of a sell signal, and the week that just closed gained 4.8% after the prior week's -7.9%. Buying volume swung back to dominant at 96%, but still sits inside a sequence of 4 lower highs on the daily chart. Anyone holding a short position carries a 7.67% gain since entry.
IQS Phase
76
in tension
Signal Strength
36
decline losing steam
Sizing
REDUCED
Ranking
#44 / 137
US stocks
Trade P&L %
+7.67%
from signal to today
restricted Platinum content