JD Logistic Inc (HKEX: 2618) #2 Featured Chart of the day: JD | POEMS Technical Analysis

JD Logistic Inc (HKEX: 2618)
#2 Featured Chart of the day: JD Logistic Inc (HKEX: 2618)

JD Logistic failure based on my previous report (Read here: https://www.stocksbnb.com/tech-pulse/technical-pulse-jd-logistic-inc/) has met with a stop loss. Prices then retreat all the way back to the major support zone at 24.95-26.20 and bullish engulfing candle was spotted. With RSI showing an oversold signal together with Directional movement index showing a uptrend returning. We could see potential short term upside to 30.55-31.45 resistance zone target.


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