$JD.com(JD)$ $Alibaba(BABA)$ $Baidu(BIDU)$ Iโm rotating into JD as the harmonic structure points to $46 while consumer patterns favour smaller city retail flows.
JD.com climbing off its structural base
JD.com ($JD) is trading around $36.10 intraday after lifting from the September floor at ๐ต $32.91. Momentum is aligning with National Day data showing 54.2% of travellers shifting toward small-city destinations, reinforcing JDโs footprint in decentralised consumption. Offline retail is also expanding with 16,400 manufacturer reps embedded across 260+ stores, including JD MALL and JD Electrical Appliance City.
Free cash flow anchors the valuation
JD produced $6.05B in free cash flow in FY23 and is projected to reach ๐ข $9.27B by 2028. This underpins capital return potential and strengthens the long-term thesis. On the charts, ๐ด $37.50 is the wedge cap, ๐ด $41.50 is the long-term supply wall, and ๐ $38 remains the ignition point for a confirmed breakout. Stretch targets sit at ๐ข $46 and ๐ข $48.
๐ Breakout above $38 confirms momentum
๐ต $32.91 floor must hold
๐ข Upside path points to $46โ48
Momentum and options flow support upside
Volume confirms that buyers are stepping in. Options positioning has tilted bullish, with October $38 calls seeing net inflows. The tape is clean on higher timeframes, with overlapping Bollinger and Keltner bands signalling tightening structure ahead of expansion.
๐ด $37.50 wedge cap repeatedly tested
๐ $38 close unlocks upside
๐ข Long-term path to $46
Short-term trading map
โข Base case 65%: ๐ breakout above $38 drives to ๐ด $41.50 this month.
โข Stretch case 25%: ๐ข harmonic extension completes at $46โ48 by year-end.
โข Risk case 10%: breakdown under ๐ต $32.91 reopens a retest of $30.50.
Macro tailwind: improved high-speed rail links and a surge in county-level tourism are boosting retail and logistics in lower-tier cities, where JD already holds distribution strength.
๐ข Long-term durability confirmed
๐ต Stable balance sheet foundation
๐ Expansion building toward $38 ignition
๐ต Support band $34.50โ35.00
๐ข Short-term target $41.50
๐ต $35.50 intraday support as risk line
๐ Alert for breakout at $37
๐ข Scalp upside toward $38โ39
Iโm positioning JD as my preferred China consumer allocation, anchored by ๐ต $32.91 as the floor, ๐ $38 as the ignition level for adds, and ๐ข $46โ48 as the upside completion target into Q4.
๐ข Donโt miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ๐๐ Iโm obsessed with hunting down the next big movers and sharing strategies that crush it. Letโs outsmart the market and stack those gains together! ๐
Trade like a boss! Happy trading ahead, Cheers, BC ๐๐๐๐๐
Comments