SHORT - JPM SL: 132.04 (Suggested by our algorithmic system) TP: 125.11 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Indicators suggest this stock is oversold
2. MACD indicator starting to show weakness with momentum
Note: Trendlines are drawn from multiple timeframes
---------- Chart Drawings ----------
Red Dotted Line: Broken Resistance Trendline Blue Solid Line: Support Trendline Red Solid Line: Resistance Trendline Purple Vertical Line: Suggested Stoploss by our algorithmic systems (under testing) Green Vertical Line: Suggested Take Profit
Trade idea from our mobile app: https://ibb.co/qxfhByk (Timestamp is in Australian Sydney Time UTC+7)
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