JDraw

Playing the Stoch's

NASDAQ:JD   JD.com, Inc.
A lot of fundamentals changed with JD recently but playing the Stochastic RSI before the news would've been very profitable.
Bull Div in the blue gave a nice relief bounce until the Hidden Bear Div stopped the party.
IMO the aggression of the sell off (from a price perspective) once the news about Liu hit, suggests momentum was already subsiding.

I'll be knife catching this one soon when the turbulence dies down a little. All in at $22.


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