JPM - Challenges Ahead
JPM has entered a bear channel since March, but has broken out (barely). The next few weeks will determine if it takes back long term diagonal support (solid), or falls back in the short term bear channel (dotted). However, there is very strong psychological support at $100.
When RSI is at 75 there is a strong reversal indicator.
When RSI is at 75 there is a strong reversal indicator.
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