JD.com just beat earnings showing an ability to adapt to the current environment in China.
Simultaneously we see calls for Chinese policy makers to continue stimulating the consumer to ward off a very dangerous deflationary death spiral.
I'm reaching a bit here, but it we may be setting up a large inverted head & shoulders pattern on the charts.
JD.com
* is profitable
* pays a dividend
* has lots of cash
* proved it can adapt to tough environment
* beaten earnings forecasts as far as the eye can see
* tremendously depressed share price
Bullish here -- one of my top two holdings.
Simultaneously we see calls for Chinese policy makers to continue stimulating the consumer to ward off a very dangerous deflationary death spiral.
I'm reaching a bit here, but it we may be setting up a large inverted head & shoulders pattern on the charts.
JD.com
* is profitable
* pays a dividend
* has lots of cash
* proved it can adapt to tough environment
* beaten earnings forecasts as far as the eye can see
* tremendously depressed share price
Bullish here -- one of my top two holdings.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.