JD.com Building an Uptrend After Tariff-Driven Drop

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JD.com (JD) has been recovering strongly after a sharp decline to $29.90 triggered by tariff war concerns. The stock is now building an uptrend, showing momentum with higher lows and stacked support levels.

🔍 Technical Analysis

Current Price: $35.65

Recent recovery followed a steep sell-off bottoming at $29.90.

Structure: Clear short-term uptrend with medium and low-risk support zones.

🛡️ Support Zones (if pullback occurs):

🟢 $33.77 | Stop-loss: $33.01 (Medium Risk 1H Support)

🟡 $31.44 | Stop-loss: $30.81 (Low Risk, Last 1H Support)

🧭 Outlook

Bullish Case: If JD maintains above $33.77, continuation toward $37+ is likely.

Bearish Case: A break below $31.44 could shift momentum back toward $30.

Bias: Bullish while above $33.77.

🌍 Fundamental Insight
Tariff war headlines pressured JD to multi-month lows, but stabilizing trade sentiment and recovering Chinese consumer demand are improving sentiment. However, investors remain cautious around macro headwinds and regulatory risks.

✅ Conclusion
JD is carving an uptrend after a deep tariff-related correction. Holding above key supports keeps the bullish recovery intact.

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Trade active
Beautiful Support holding the move as posted
Note
Currently testing old highs can expect a bigger move upward coming next
Trade closed: target reached
Trend still holding the move but currently testing it
Note
Tarrif War Hit this stock hard going for the second support zone as my entry
Note
Second support held beautifully

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