JD Breaks Out from a 4-Hour Bullish Triangle Pattern...

JD Breaks Out from a 4-Hour Bullish Triangle Pattern...

JD has broken out from a 4-hour bullish triangle pattern, with the breakout looking solid and the pattern very clear.

The increase in bullish momentum comes just as JD is set to report earnings on November 15, 2024.

Each quarter, JD has reported earnings above expectations, so the odds are high for another strong report.

Consequently, this bullish pattern could work well with targets at 46.8, 50.30, and 55.

You may find more details in the chart!
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