After reaching an important support level, JD.com, Inc. (JD Quick QuoteJD - Free Report) could be a good stock pick from a technical perspective. JD surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.

The 20-day moving average can show signals that are similar to other SMAs as well. If a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.

JD has rallied 6.5% over the past four weeks, and the company is a Zacks Rank #3 (Hold) at the moment. This combination suggests JD could be on the verge of another move higher.

The bullish case solidifies once investors consider JD's positive earnings estimate revisions. No estimate has gone lower in the past two months for the current fiscal year, compared to 4 higher, while the consensus estimate has increased too.

Given this move in earnings estimate revisions and the positive technical factor, investors may want to keep their eye on JD for more gains in the near future.