Today’s watchlist comes after reviewing all the recent news in the global stock market.
And I think I found a Buy It or Burn It stock that looks to be on the verge of making significant moves soon…
Remember, these are just ideas I’m sharing. You should only enter these trades if you’re comfortable managing the positions on your own.
Check out this week’s free bonus trade idea below!
JD.Com Inc. (Nasdaq: JD)
JD is up over 18% in under 10 days. This to me looks like a violent short squeeze bounce, which is culminating today. JD is also back at $80 and is at the 200-day moving average, which is another nice place to enter short. I expect more negative headlines from the Communist Party of China and expect the stock to break back into the low $70’s and high $60’s before the November expiration.
