JD-SW Stock Code 9618.HKE
Outlook
Price had reached a high of $365 on 22 November and has been in a corrective decline. The price correction was supported above the cloud, keeping the bullish trend intact. The lagging span is above the price of 26 days ago and above the cloud, confirming the bullish trend. MACD remains bullish and is hinting at a bullish price trend. We think price is likely to move higher to the previous high at $365 in the next 2-3 weeks.
Strategy
$309.00 Buy
$365.00 Price Target
$294.00 Risk Management Stop
3 weeks Trade Duration
