ContraryTrader

JD.com H&S Short it

Short
NASDAQ:JD   JD.com, Inc.
Bounced off conformation line yesterday, let's see if a sell off today will give the nudge

50MA Conformation line -yellow line
1st target 88.60 (Redline) which is also where Fibonacci support and 100 day intersect. if it bounces off of 88.60 or near that area I will be closing my positions.
2nd target is channel bottom at around 86$

Entry - if its across conformation line 93$ or less
Stop loss at 94$

Closing position today

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