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On the weekly chart, notice five or six weeks ago the hammer formation, suggesting a bottom. Also note the gold colored price envelope superimposed over the candlesticks suggesting JD riding a bottom.

All gaps have closed on this weekly chart. Another positive.

Lastly, as long as this trendline stays intact and is not breached, I suggest people wishing to establish a first buy with a limited number of shares wait until earnings are announced on June 7th to see if the turnaround is real.

I personally will daytrade this on high volatility days and exit before the bell.

When I go long again with a swing trade, I will announce here. June 7th is 8 trading days away. I could do a quick swing-trade here if the chart sticks pop above that 37.75 mark I just mentioned in the OP here. If so, it would be a 1-3 day hold.

Don't follow me until earnings, however, if you're a long term buy/hold investor. But be ready after 0700 hours on June 7th.
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