JD broke out of the cup and handle pattern with a bullish gap up, and is now targeting 88.9$, any pullback towards the neckline at around 85$ is a buying opportunity. Place stops at 77.5$.Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Note
This trade is not stopped yet, the stock is finding major support around 79$ exactly at the red line shown on the chart, target is still active at 98.9$ (Not 88.9$ as per the original post, typo error). A nice triangle formation is formed, break of 85$ will set the stock to a bullish move.Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.