Chinese retailer JD had a stalling pocket pivot on 1-3-17, closing midbar. It is a Chinese stock but has been trading quietly on low volume around support. Trump has indicated a more protectionist/isolation stance against China which has been a headwind for Chinese stocks. Still, Trump is a pragmatist so one of his advisers may very well suggest a more open approach to trade is the way forward.
JD is looking to have a stronger pocket pivot in today's trade if it can close in the upper half of its trading range on at least 5,616,200 shares.
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