Monday, 18 June 2018
Funds Flow of JD.com (NASDAQ: JD): 18 June 2018, Monday, 4.10pm Singapore Time
18 June 2018, Monday, 4.10pm Singapore Time
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Attached is the Funds Flow of JD.com ADR that is listed in the US Market (NASDAQ: JD). Did you know that before Google invested $550 million dollars in cash today into JD.com and formed strategic partnership where both will work together to develop better retail infrastructure in multiple markets including Southeast Asia, the smart money funds flow for JD.com was already of very strong inflow and suddenly received even more impulsive inflow at the start of June 2018? Today, it is announced that Google will place a $550 million bet on JD.com, China's second-largest e-commerce player. Already, the fake breakdown previously could had been anticipated because funds flow was of strong net inflow. The entire technical and funds flow structure means that $50.00 resistance will break upwards for JD.com -- Bullish.