Hi, according to my analysis of .jp morgan stock. There is a fantastic long term investment opportunity. Especially with the price breaking the resistance area at the level of 144. Likewise, the stock exited the sideways channel. We also notice a rising channel as shown in the analysis. good luck for everbody .Note: If you like this analysis, please give your...
JPMorgan Chase - 30d expiry - We look to Buy at 143.33 (stop at 140.33) The primary trend remains bullish. This is currently an actively traded stock. Price action continues to trade around significant highs. Previous resistance at 144 now becomes support. We look to buy dips. This stock has seen good sales growth. Our profit targets will be 150.83 and...
JPM has had several bump and runs throughout the course of its upward trendline, this pattern may continue with the formation of a new bump. A clear Adam & Adam double bottom can also be seen. Overall a strong investment purely based on chart patterns.
There are two different types of breakout possibilities.. In case of breakout, wait for a pullback to enter the trade. Further details are recorded on the chart.