After a strong rebound from the spring lows, JPM shares have broken through a key resistance level and are holding above $260. With expanding Bollinger Bands and increasing volume, I’m looking for a continuation of the upward move.
Target: $280.47
Upside Potential: +4.68%
Stop-Loss: $232.26
Risk/Reward: controlled, with flexibility to adjust as the trend develops.
Fundamentally, JP Morgan remains one of the strongest players in the banking sector, delivering solid earnings and benefiting from the current macro environment.
ALVO13 – trading smart, growing strong.
Target: $280.47
Upside Potential: +4.68%
Stop-Loss: $232.26
Risk/Reward: controlled, with flexibility to adjust as the trend develops.
Fundamentally, JP Morgan remains one of the strongest players in the banking sector, delivering solid earnings and benefiting from the current macro environment.
ALVO13 – trading smart, growing strong.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.