JD Trade on Nov 16, 2020 10:18 from Cklamb: Tradervue User Stock Trades.

JD
Intraday Fundamentals
• 06:22 AM EST, 11/16/2020 (MT Newswires) -- JD.com (JD) on Monday reported Q3 adjusted earnings of RMB3.42 ($0.50) per American depositary share, up from RMB2.08 per ADS a year earlier and beating the Capital IQ analyst consensus of RMB2.71.
• Net revenue for the quarter ended Sept. 30 was RMB174.21 billion ($25.66 billion), up from RMB134.84 billion a year ago and ahead of the Street view of RMB170.21 billion.
• Annual active customer accounts increased by 32.1% to 441.6 million in the twelve months ended Sept 30, compared with the same period a year earlier, the company said
• Reopening play curbing ??? anti monopoly regs in China??
Technical Stats
ADV 12.87m RVOL 1.79 BETA .95 ATR 4.22 Short 3.4% Inst Own 50.4%
Daily

Hourly

Intra

Trading Strategy
• Long around 85 if this breaks the pm low start small and be willing to work this back into VWAP and try to keep some of the size I build
• Aggressive long at 83.50, it would look really weak at this point and would be tough to take.
Reading the Tape
I hit the tape stall at 85.35 and again under 84.50. I would see the stall at 84.20 later but not take action on that stall.
Trade Management

Trade Notes
I think I added some significance to the round level on an SMA support play. I was looking for this to put in a higher low and move back to test 86.80 or the PM low. I entered on the test of the SMA. I started small thinking that I may need or want to add in at 85 where I had a shorter-term level. I added as the tape led me to believe that I would get the bounce of these levels. I would miss one opportunity to take of the first add. This would have been huge when it gave me the chance to under 86.50. I would bail on this too early. The target was hit and would have made a huge difference in the RvR on this.