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The story of a trading range breakout told on $JD daily

Long
JD.com, Inc. (NASDAQ:JD)  
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NASDAQ:JD   JD.com, Inc.
Candlestick Analysis Supply and Demand Rectangle STORY range breakout
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candlestick supplyanddemand rectangle story range breakout
An interpretation of the underlying actions of market participants & what these actions signal.
Commentaire:
Bar 9 is very bearish and tested, but did not penetrate the top of the previous trading range. Earnings report (although showing growth) had impact as did MRNA vaccine news (seems ecommerce goes down with positive vaccine news). Since earnings were strong and price didn't violate support, there's a chance it will recover in the following days.

Idées en relation

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JD pre-market price action looks like breakout today
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Range break for $JD around earnings 11/11
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