Generally, Asian shares have outperformed American names in 2019 so far. JD.com $JD for example completed a rounded bottom by March. JD.com (JD) Rallying from a Rounded Bottom with VolumeIt came up from a low around $19.30 ( in Dec. 2018) to above $31 this week. That's about a 60% gains from the bottom. By the look of the price action to start the quarter (4/1), we might see even more upside, but will have to monitor the $34-$36 area for resistance.JD Daily Chart(click to enlarge)Resistance Ahead:- As we can see on the daily chart, there is a falling resistance that will meet price around $34-$36 if JD keeps pushing up. - The $34-$36 area also involves a previous support, which might act as resistance at least in the short-term, especially with the RSI in overbought (above 70) territory.- I think there is a strong chance price will pull back to at least the $30 level. - Even if price does pull back, JD will probably be in a consolidation mode and not a bearish mode because it has established a rounded bottom. - In fact, that rounded bottom will likely provide support down to the $24 level. These are levels I want to have dry powder for, even though I would more likely place an order up at $26 instead. - A break below $24 on the other hand would revive a bearish outlook towards the lows around $20.