JD earnings tomorrow morning
Will this pop? The chart is at a key support. if it doesn't pop, there is a lot of pain coming to JD. So, for those who wanted to get into the action. Afterhour is open til 8p. if you missed that, you can buy the HK shares. it goes only where the adr goes.
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Trading is a tough business! All my commentary are my personal opinion. Do not follow my trades. You will lose money!
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NinaS : I am also debating if I should by call or put on this one
MonkeyGee OP NinaS : this one is a difficult call. but can buy with a stop-loss just below. doesn't work most of the time because the market maker sees it and takes you out. stock market is a casino where the dealers know your cards, and the dealer can select any card they want.
NinaS : can't agree more
MonkeyGee OP : Up 16% after earnings. watch for the one, two punch, see if HK market has any strength to push JD up overnight. if the HK market can't do it, then there is a more likely chance tomorrow. JD might lose steam in USA trading.