Thoughts on JD.com?

On the H4, with prices moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from buy entry at 229.6 where the pullback support, 61.8% fibonacci retracement and 61.8% fibonacci projection are to the take profit at 253.4 where the swing high resistance and 61.8% fibonacci retracement are. Alternatively, price could break entry structure and drop to stop loss at 212.4 where the swing low support is.

Entry:229.6

Take Profit:253.4

Stop Loss: 212.4