JD.com Dip Buy?

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Ajoutées 9 mois by admin

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JD.com, Inc., previously known as Jingdong and formerly called 360buy, is a large Chinese e-commerce company based in Beijing. It's one of the biggest online retailers in China for business-to-consumer transactions, making a substantial amount of revenue. It's also a member of the Fortune Global 500 list and competes heavily with Alibaba's Tmall platform.

Its earnings are out before the US opens on Wednesday and it has a very weak seasonal period ahead over this earnings period with average falls of nearly 8.5% from March 05 to March 14 over the last 9 years. However, is this a dip buying opportunity?

Check out the video below for more details!

The major trade risk here is that earnings surprise the upside and send stock sharply higher…

Remember, don't just trade it Seasonax It!