JD.com may continue with its uptrend following the bullish EMA crossover in mid-January. Share price is holding above both EMAs thus signaling short-term strength. The recent rally was supported by higher-than-average volume, confirming strong buying interests. Additionally, the MACD is still trending upwards suggesting that the stock may continue with its upward trajectory.
Resistance/Support Level | |||
R2 | 170.00 | S1 | 150.00 |
R1 | 160.00 | S2 | 145.00 |
Net profit is expected to grow at a CAGR of 7% for the next 3 years with strong net margins circa 4%.
HKD (m) | FY2024Y | FY2025Y | FY2026Y |
Revenue | 1,231,036.9 | 1,303,432.3 | 1,371,134.7 |
Net Profit | 48,902.4 | 52,159.3 | 55,959.6 |
Source: Rakuten Research - 6 Feb 2025
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