JD.com Building an Uptrend After Tariff-Driven Drop

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JD.com (JD) has been recovering strongly after a sharp decline to $29.90 triggered by tariff war concerns. The stock is now building an uptrend, showing momentum with higher lows and stacked support levels.

🔍 Technical Analysis

Current Price: $35.65

Recent recovery followed a steep sell-off bottoming at $29.90.

Structure: Clear short-term uptrend with medium and low-risk support zones.

🛡️ Support Zones (if pullback occurs):

🟢 $33.77 | Stop-loss: $33.01 (Medium Risk 1H Support)

🟡 $31.44 | Stop-loss: $30.81 (Low Risk, Last 1H Support)

🧭 Outlook

Bullish Case: If JD maintains above $33.77, continuation toward $37+ is likely.

Bearish Case: A break below $31.44 could shift momentum back toward $30.

Bias: Bullish while above $33.77.

🌍 Fundamental Insight
Tariff war headlines pressured JD to multi-month lows, but stabilizing trade sentiment and recovering Chinese consumer demand are improving sentiment. However, investors remain cautious around macro headwinds and regulatory risks.

✅ Conclusion
JD is carving an uptrend after a deep tariff-related correction. Holding above key supports keeps the bullish recovery intact.

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