JD (JD.UK) launched today's session higher and painted new all-time high at £9.26. However, the price quickly pulled back and is testing support at £8.84 which previously acted as a resistance. A break below this hurdle could herald a larger correction. Next support to watch lies at £7.95 and is additionally strengthened by 50 SMA (green line) and the upward trendline. Source: xStation5Upcoming Meta earnings: will the AI transformation be well received by the market? 🔎
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