JPM LONG SETUP Early Reversal of Downstrend
JPMJPM appears to have reversal a long downtrend with
a breakout from a descending parallel channel
The Relative strength is increasing on the oscillator.
I see a target of 129 based on horizontal resistance
and the mid Finonnacci levels of a retracement.
This appears to be a low-risk swing long setup with
immediate upside of 10-15 % to take an entry
when the general market is reversing to the upside.
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