Chinese online retailer JD.com $JD completed a rounded bottom in March when price pushed above $26. However, price became "sticky" around $30 and fell back to $26 twice - once in early May, and again in late May/early June. JD Daily Chart(click to enlarge)Market the Respecting Bottom:- During the recent challenge of $26, the market cracked this support during the trading session, but never closed below it.- Price also respected the 200-day simple moving average (SMA). - Furthermore, there was a bullish divergence between price and the RSI.- So far, the price chart suggests JD is still coming out of its price bottom and could be entering a bullish trend.Resistance:- At the moment, the 2019 high so far is the first key resistance - around $31.60. This is also where the 200-week simple moving average (SMA) currently resides.- Above that, the $35-$36 area is key. This was a previous support area, and will be tested as resistance.- A hold below this area keeps JD in a bearish-neutral mode. - A break above $36 on the other hand opens up a bullish outlook.JD Weekly Chart(click to enlarge)