Market_Psychology

Has JD found a bottom

NASDAQ:JD   JD.com, Inc.
One of the casualties of the US/China trade war has been JD. Long term it has now touched 19-20 for a bottom three times. Will it hold? I think the company has a lot going for it. But investors have been super bearish on Chinese tech these past 6 months or so. I think this will depend more on negotiation and escalation of trade war than technical analysis.

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.