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JP Morgan: Bearish - WOLFE detected + divergence with the ROC.
JP Morgan Chase
Short
JP Morgan: Bearish - WOLFE detected + divergence with the ROC.
By Le-Loup-de-Zurich
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Feb 24, 2024
1
Feb 24, 2024
JP Morgan: Bearish - WOLFE detected + divergence with the ROC.
The price could fall weekly to around 154 then 137.
The divergence on the ROC is very strong.
The 50 and 200 exponential moving averages are potential targets.
On a daily basis we could reach 171 then 155, the divergence on the ROC is also very strong.
Be careful!
Chart Patterns
Divergence
Technical Indicators
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