JPM trade ideas
JP MORGAN CHASE & CO. (JPM): A Lower Low To The Next Support?Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
We are about to start the subwave of wave 5. Keep an eye on RSI and MFI to get the best timing for entry.
JPM Long Term ShortJPM has broken initial support area near the top.
Will be pyramiding a short position upon breaking of each marked level.
There is an untested area of the charted circled.
JP Morgan double topDouble top with great RSI divergence, triggered through 100SMA and neckline, MPO shows target at 86, also 50% fib and where the 3rd touch on the uptrend line could happen. Currently closed Friday at 38.2%. Still holding short, potential long when 50% fib is hit. 200SMA is coming up to it as well.
Technically one of the best stock charts I have seen, as it is also a huge percentage of the DOW, helping to forecast its movement, their charts are very symmetrical.
Frolic in the Water fall Watching these ranges. Buffett seems to be calling for a recovery.
After a leg lower
Chase Bank heading down55-60 Range is the First Support Level...may go down further
Short Sell this beast!
Long JPMJPM long from $103.28 half position. Good support here, there is a gap fill slightly lower around $101.50 I will add my second half, if we get there.
JPM: In downtrend in short term: SELL LIMITIn this case, i accept about 5% risk, and allocate like theses.
