CFD Trading –Sell Inc. (JD.NAS) @ $48.00. Stop @ $52.05 and Target @ $42.25.

JD.COM Inc. Stock Code JD.NAS


Price broke below the cloud with a gap in the previous trading session, changing the chart outlook to bearish. Conversion line and base line had a bearish crossover and is hinting of a bearish price trend ahead. Lagging Span is below price of 26 days ago but is inside the cloud, confirming the bearish price trend.  MACD is bearish with both its lines below the zero line and moving lower.  If price is unable to close the gap, it could be heading towards the support at $42.22.


$48.00                Sell

$42.25                Price Target

$52.05                Risk Management Stop

3 weeks              Trade Duration

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