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Bullish: $JD Inverse Head And Shoulder Pattern Setup

Extreme bullish pattern on JD .Com Inc (NASDAQ:JD). The pattern is an inverse head and shoulder pattern and has already traded in the breakout range. Based on this stock chart pattern setup and breakout, the target is $36.00. Read up in any book on a head and shoulder pattern (bearish and a inverse head and shoulder pattern (bullish). This is a great trade with a clearly defined stop on any close below $28.50. This means there is a Dollar risk versus an over $6 profit. Great risk to reward.