Long

JPMorgan Chase & CO.

Updated

JPM needs to violate 199 to the upside, to trigger a rebound near 200.94 - 203.30 - 205.88. As 205.88 is considered the last major peak that needs to be violated, to confirm the major uptrend, with potential targets at 210 - 215- 217.35.

The stop-loss lies below 195.35, as a break below it, will cancel the mentioned positive scenario.

The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.

Note

JPMorgan needs to violate 200$ to the upside, to confirm the positivity
Stop loss below 196.25$

Note

JPMorgan is very positive, is testing the major peak at 205.88$, which needs to be violated, to confirm the major uptrend.
the mentioned targets are still valid

Note

JPMorgan Chase sank around 2% after the investment bank beat second-quarter adjusted earnings estimates but its net interest income fell short of analysts' estimates.

Note

JPMorgan has been violating its last peak 210.40, confirming the current uptrend, the rest of the mentioned targets are still valid!

Gehad_Abouelela

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