#JPM $JPMbreakout trendline 199 try long 201/203/206 can test big move possible Longby Equity_Research_Analyst-02Published 112
Would you bet on financial stocks?From a valuation perspective, JPMorgan Chase & Co. is currently exchanging hands at a Forward P/E ratio of 12.2. For comparison, its industry has an average Forward P/E of 11.05, which means JPMorgan Chase & Co. is trading at a premium to the group. The company's earnings report is set to go public on July 12, 2024. The company's upcoming EPS is projected at $4.17, signifying a 4.58% drop compared to the same quarter of the previous year.Shortby Super_B_XinRPublished 4
Downtrend Channel BreakoutJPM has a downward channel and I plan to buy the breakout. If the price becomes greater than 198, I will play for a large breakout move on the channel. If this bounces down tomorrow, then I will have to move the entry price lower or invalidate this setup. Buy to open = $198 1st Profit Target = $205 Stop Loss = $194Longby PappyTradingPublished 2
Watch This 3 Step System And Technical AnalysisInside this video i dive deep into technical analysis mixing advanced lessons and beginner lessons to give you a taste of advanced technical analysis and beginner-level analysis You will need to buckle up and sit tight as we ride through the forex market, banking market, and stock market This video is packed with tones of value and it's a thank you for rocketing this content to learn more rocket boost this content Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk managementEducation14:20by lubosiPublished 3
Revisiting March 2021 low for JPMIt is highly likely beside closing the gap as shown in the chart, if the overall market did not show any bullish signs, then we can expect this stock, JPM to to revisit the March 2021 low once more. From there, it will consolidate for a while before we see any rebound. Longby dchua1969Updated 1110
JPM looking spicyJPM has excellent greater market confluence to support its forecast, which in our opinion, puts the odds in your favor. That said, catching tops and bottoms can be risky, while selling covered calls for stock holders may be the safer way to get exposure. Longby BlueLineTradingLLCPublished 1
JP Morgan: Possible Correction Between 205.5 - 216JP Morgan: Possible Correction Between 205.5 - 216 The price already completed a Bearish BAT Pattern. JP Morgan is still strong but the current potential reversal zone of the Harmonic Pattern is showing that we can be near to a bearish correction. However, the price is required to develop more before it moves down at this moment considering the bullish trend. Immediate support will be found near the target areas 180; 165 and 140 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuniPublished 3313
JPM short term top comingOnce 210 zone is reached, we should look for a meaningful pullback toward the 177 zone, followed by a run to new highs.Longby BlueLineTradingLLCPublished 1
JPM eyes on $193.50: major support going into EarningsJPM is sitting on a Golden Genesis fib. Earnings to be reported today afterhours. Launch pad here? or fail and mark the top? $ 193.50 - 194.69 is the immediate support. $ 176.07 - 176.37 is first good support below. $ 206.20 - 207.37 first resistance just above. ========================================by EuroMotifUpdated 3
Buybacks vs. Rotation: JPM and AAPLMany companies are flush with cash right now, so buybacks are going to increase. Buybacks can create plenty of swing trading opportunities. Buybacks are used by the Board of Directors to drive price upward, or at least maintain price at a certain level. They also remove outstanding shares from public exchanges. The Percentage of Shares Held by Institutions (PSHI) is based on outstanding shares. So with fewer shares outstanding, it can help PSHI hold at a certain level. The Buy Side has been lowering inventory this year. See red arrows on the JPM chart. In 2018, Buybacks boosted the index components and kept the market from continuing a bear market, which was already underway--a minor bear not a major one. Then in 2019, buybacks surged as the government cut corporate taxes massively. The cash on hand was enormous for most companies so they did mega buybacks, leading the move upward for index components that year. Then, in 2020 the pandemic stock market collapse completed that very odd delayed bear market. Buyback candles are frequently solid white without wicks or tails. Buybacks often initiate strong swing-style runs, such as they have in $NYSE:JPM. See the blue arrows. NASDAQ:AAPL also announced a huge buyback program in early May. This gives the Buy Side Institutions the opportunity to lower inventories of AAPL too, without disturbing price much, if at all. AAPL is in a sideways trading range, which is a tough pattern to trade since there is no consensus about what the company is doing to fuel future growth. by MarthaStokesCMT-TechniTraderPublished 1
JPMorgan Chase Faces Potential ReversalJPMorgan Chase hit a record high on Monday morning but failed to hold. Now some traders may worry about a potentially bearish reversal. The first pattern on today’s chart is the high-volume drop on May 20, which erased the previous seven sessions of gains. That could be interpreted as a false breakout. (Bearish outside candles also appeared on both the daily and weekly charts.) JPM next tried to rebound but stalled near $201. That matches April’s monthly peak and the 50 percent retracement of the drop. Those points may confirm price action is getting less positive. Third is the rising trendline along the lows of April and early May. If this line fails, will traders next brace for a potential retest of last month’s support? Finally, the drop occurred amid the megabank’s 2024 Investor Day. The event had some potential negatives, like CEO Jamie Dimon saying the company will wait for lower prices before buying back stock. CFO Jeremy Barnum also suggested profitability could weaken later this year. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means. by TradeStationPublished 7
JP Morgan : Possible Correction Between 205.5 - 216JP Morgan: Possible Correction Between 205.5 - 216 The price already completed a Bearish BAT Pattern. JP Morgan is still strong but the current potential reversal zone of the Harmonic Pattern is showing that we can be near to a bearish correction. However, the price is required to develop more before it moves down at this moment considering the bullish trend. Immediate support will be found near the target areas 180; 165 and 140 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuniPublished 8
SPX500 (SPDR TRUST) 10 YEAR MOONOh great, looks like we're in for a hard reset. NYSE:JPM short, SPX500 long. Love, dysonring2050Longby dysonring2050Published 3
JPM Weekly to $210JPM setup looks solid and shows bull strength. Where are they taking it?... NFA, let's see. Longby sully357Published 0
~12x Risk:Reward Spotted on JP Morgan CHASE 5 YEAR 2x PlayRead the chart Golden ratio mathers have their time up, it's time to fly LONG XAUUSD LONG JP MORGAN CHASE Take entry now with wide 20% SL or read my chart it doesn't matter 1x or 5x it's freaking 12-60x time ;) Love, dysonring2050 P.S.S I am never wrong. The trades just take awhile to play out.Longby dysonring2050Published 115
JPM Inching Closer To Our TargetAfter a little turbulence, we are now about to hit our target on JPM. The vertical spread I took out is about to pay out a 1:1 and depending on the movement here, I might look to get a 2:1 out of the options. Long00:29by JoeRodTradesPublished 0
make or break time for JPM 🔭boost and follow for more 🔥 JPM is moving into its make or break zone, nice rally since it broke my long trigger I gave early July in 2023. But for that rally to continue we must break the next long trigger ... :) now we see if we reject from trend resistance from 2021 or we break it/202... if the breakout comes this 250-300 targets are very possible by end of the year or sooner... lets see what happens.. good luck to all ⚡Longby Vibranium_CapitalPublished 119
Mayor resistanceI bought puts there expire a month from now strike 190. That's a mayor resistance zone I think is going to 180 right there 10 dollars drop. My SL 195.Shortby ArturoLPublished 1
JPM - time to go short ..Short anywhere here now Stoploss - 195 Target #1 - 180 Target #2 - 170Shortby just4tradinPublished 3
JPM Anti To The UpsideJPM has recovered from earnings and some strong downward pressure. Its looks like an Anti setup on Friday and price continued to consolidate near that level today. I will be looking to swing this trade to the upside for a 1:1. Long01:21by JoeRodTradesPublished 1
JP Morgan Chase & Co. Hitting The Top The JPMorgan Chase CEO's WSJ was interviewed recently with Wall Street Journal Editor-in-Chief Emma Tucker, for a range of topics. JPMorgan Chase & Co. Chief Executive Jamie Dimon ranked geopolitics as his top worry and said he's less optimistic about a soft landing than Wall Street in an interview on Thursday. While Wall Street seems to be betting of a roughly 70% chance of avoiding a recession in a so-called soft landing in the economy, Dimon said he sees the odds about half that. The green economy, the remilitarization of the world, fiscal deficits and geopolitics are all factors that could keep inflation higher for longer, he said. "When I look at the range of possible outcomes, you can have that soft landing," Dimon said. "I'm a little more worried it may not be so soft and inflation may not quite go away as people expect. I'm not talking about this year - I'm talking about 2025 or 2026." While the economy continues to do well for the majority of Americans due to low employment, rising home values and stronger stock prices, the threat of slow growth and inflation - stagflation - from roughly 45 to 50 years ago could return. "It looks a little bit like the 70s to me," Dimon said. "Things looked pretty rosy in 1972. They were not rosy in 1973. Don't get lulled into a false sense of security." Dimon said he has "enormous respect" for Jerome Powell when asked whether the Fed chairman is doing a good job as the central bank signals that it's not in a hurry to cut interest rates. "I think the Fed was probably late in raising rates," Dimon said. "They caught up. They're probably right in watching right now. We don't know what's going to happen. They might as well wait." Dimon declined to state a preference in presidential candidates and said the bank would work with whomever is in the White House. Biden's economic policies are working "partially," he said, party due to the huge amounts of economic stimulus such as the Bipartisan infrastructure bill, which Dimon praised. But the bottom 20% of wage earners in the U.S. continues to struggle. "If you go to rural America, or inner cities, I'm not sure they feel they're being lifted up by this economy," he said. He avoids social media but said he pulls up popular destinations such as TikTok once a year to see what's happening on them. "I am not a fanatic on the phone....I think people should spend a little less time on that and a little more time thinking," Dimon said. "I'm not on any social media." In technical terms, JPMorgan Chase's stock (JPM) has risen 14.43% so far in 2024 (compared to a 7.48% gain by the S&P500), hit the Upper side of Long-Term upside channel near $200 per share, able to further technical declines. by PandorraPublished 3
Added jpm long term hold4hr review ad and money flow set to cross previous resistances along with key moving avg. Looking for a retest of 200 on JPMLongby moneyflow_traderPublished 222
JPM Gapfill next week April 22, 2024JPM respecting arcs and seeking higher as XLF pushes back early against a bearish market this week. Long00:48by PatientTradesPublished 111