Short - JP Morgan
Major double top completed.
Short if resistance confirmed at double top base.
Targets 95 and 80.
JPMC34 trade ideas
JPM - Breaks outJPM broke out of a falling wedge today. restested. climbed further.
Fundamentally - Jamie Dimon has been very positive on the economy while everyone else has been screaming the sky is falling
JPM has beaten earning (at least) the last four cycles.
I expect they will repeat here. The stock is acting as if its ready to go up.
JPM (JP Morgan) FUTURE H/L price swing datesDjinn Predictive Indicator used with permission or the owner.
JP Morgan | Earnings Will Be BadLooking at JP Morgans chart.
The SQZ indicator continues to turn hard green. Indicating further down side.
The stock has been ascending on descending volume. Bearish sentiment.
The MacD is about to have a bearish crossover.
The chart follows the bearish sentiment that is seen across the market.
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
