Account Info
Log Out
Log in to access Online Inquiry
China stocks coming back stronger? Upward or downward trend?
Views 258KContents 65
Food For Thought3731
joined discussion08/25/2021 09:20

Is it still a good time to catch JD now?

$$ Congrats to those who caught JD explosive 1 day movement! If you didn't catch it like me, you must be wondering is it time to catch it now? Since even Cathie Woods is endorsing JD. What I worry is although Cathie Woods is high profile with a lot of supporters, but there are also many people trying to short her.

Anyway looking purely at the chart, it has reached the top of the trend and is also at it's 200 days EMA. Look out for JD to break 76, if not there is a possibility of reversal at this point. You can be sure there are many people waiting to cash out on their profits or cut their losses with less bleeding etc. Good luck!
Is it still a good time to catch JD now?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2 Comments · 21K Views
Sign in to post a comment