JPM New bullish sign ahead of earningAhead of earning next 14 th july, JPM is about to start a new uptrend, at least towards the key level of 105 -102 (61,8% and 50 % of the last move down).
The moving averages 20 overpassing the 50 with a macd showing a reversal, are strong signals to believe in this upstrend.
Good luck
JPM trade ideas
JPMORGAN STOCK PRICE COULD NOT BREAK SUPPORT AT 91.40JPM stock price has been testing the support level at 91.40 & each time the level is tested, it is met with bulls. Last week Friday bullish reversal looks phenomenon with good volume accompany the rise in price. This is the time to push the price above 100 in the coming days...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
$JPM Upside Reversal Targets JP Morgan
Point of Control held firm as support last week under some very
strong selling pressure.
Local downtrend broken premarket so lets see can the stock
sustain the gains.
$98 & $100 are significant levels of resistance | targets.
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Buy JPM in hopes of range breakout? Or sell as correct continuesInterested to see how this Fib wave plays out. I'm actually rooting for $JPM and want to get long but want to buy when it's starting to smooth out again, it's hard to say where this correction will end. Those green candles on the daily chart are damn tempting though.