$JD Should Find Support Prior to Another Rally

First noted in this tweet, long before the wedge broke out, $JD is in a very bullish configuration.

The bull wedge has broken out and it looks to be conducting a backtest. Locally, I expect it to find support in the small orange target box target area beneath us, which is both the 50-61.8% retracement of the prior move, and a test of the wedge structure.


The wider view shows multiple long-term targets:


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