Scalper1 News
A base just recently started to take shape for JD.com (JD), but that pattern could be at risk as news of Alibaba’s (BABA) investment in an e-commerce rival has sent shares plunging in the stock market today . Alibaba is pumping $4.6 billion dollars into Suning Commerce, one of the largest consumer electronics retail chains in China. Among its wide variety of products, Suning sells Apple (AAPL) iPhones and iPads, as does JD. JD shares gapped down Scalper1 News
Scalper1 News