JP MORGAN CHASEtrend line unbroken for 10 years, a whole decade of unbroken support. all indicators show ONLY UP
very bullish on this one
CMC trade ideas
JP MORGAN CHASE & CO.Sunday, 13 November 2022
19:33 PM (WIB)
JPMorgan Chase & Co. is a financial holding company. It provides financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.
It operates through the following segments: Consumer and Community Banking, Corporate and Investment banking, Commercial Banking, and Asset and Wealth Management. The Consumer and Community Banking segment serves consumers and businesses through personal service at bank branches and through automated teller machines, online, mobile, and telephone banking. The Corporate and Investment Bank segment offers a suite of investment banking, market-making, prime brokerage, and treasury and securities products and services to a global client base of corporations, investors, financial institutions, governments, and municipal entities.
The Commercial Banking segment provides comprehensive financial solutions, including lending, wholesale payments, investment banking, and asset management products for Middle Market Banking, Corporate Client Banking, and Commercial Real Estate Banking. The Asset and Wealth Management segment provides investment and wealth management services. The company was founded in 1968 and is headquartered in New York, NY.
JPM - A Pig Flying Ahead Of FEDWith indexes turning south ahead of FED announcement JPM is affectively a pig flying here trending up after some big consecutive gaps below that should be very unstable and see JPM have a big fall.
And there may be some whipsaw following the rate hike announcement but JPM is in a very weak position here.
It has been drifting in this limp ascending channel and has now hit a 1:0.618 fib extension which i think will very likely be or be very near the top.
It also just passed the 0.382 retracement from the top which.
In addition it has popped up passed the 200 week MA and this will likely prove to be an SRP shakeout reversal pattern once it falls back down.
Once whatever whipsaw resolves this could be heading down in a hurry.
SPX analysis linked.
Not advice.
Crooked WW formation noted.
Price halted at the .886.
Valley 2 is lower than Valley 1.
Appears to be a bearish shark.
It is as if computer algos are firing off on harmonic patterns but often going a bit below or above the normal PCZ for the pattern. Perhaps in order to validate, or maybe to take out stops? I do not know. I am still trying to figure it out.
Volume is not matching candles ie price in many instances. I am not speaking of this particular stock as on the way up, there appears to be volume to match the recent moves.
Volume can not be manipulated. When volume and price diverge, I am hesitant to make a move.
This one hit pretty much right on the .886 before turning down.
No recommendation.
Ms and Ws is pretty much the patterns lately and in many cases, they alternate. A bullish M, then a Bearish W or vice versa. Makes it tough to keep up )o:
10/23/22 JPMJP Morgan Chase & Co.( NYSE:JPM )
Sector: Finance (Major Banks)
Current Price: $122.23
Breakout price trigger: $123.50
Buy Zone (Top/Bottom Range): $120.00-$112.00
Price Target: $140.40-$142.20
Estimated Duration to Target: 63-68d
Contract of Interest: $JPM 12/16/21 130c
Trade price as of publish date: $3.25/contract
JPM with Bullish Divergence on Weekly Chart!J.P. Morgan Chase NYSE:JPM has bullish divergence in confluence with a falling wedge pattern!
-Bullish divergence was identified on the weekly chart.
-The falling wedge was identified on the daily chart.
Bias-Bullish
Peace, Love & Abundance,
MrALtrades00
JPM ABC AX 1.618 = C TARGET 98 OR LOWER So we had what looks to be a rather nice abc form in JPM we will know very soon if it was then 99 98 is target
$JPM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $JPM after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
JPM daily bearish hammer after earningsOrder SELL JPM NYSE Stop 109.80 LMT 109.80 will be automatically canceled at 20230401 01:00:00 EST
JPM daily bearish hammer after earnings can run into buying zone support.
JPM drop tomorrowLast 2 earnings not great
Rally today pushed it to overbought RSI and MACD levels
and lastly its trading in a falling wedge pattern
JPM (POTENTIAL BUY/SELL LEVELS) ***BEARISH SENTIMENTJust my basic MONTHLY charting.
I have marked what I see as the POSSIBLE bottom (support).
I see overall UPTREND with a possible reversal.
I have marked my potential BUY/SELL LEVELS for LONGS/SHORTS/CALLS/PUTS.
JPM and Banks Report FridayJamie Dimon has set the fear expectation, prior to the banks report this week.
Attached is the JPM CHART on a 15 minute time frame
The lines on the chart are referenced below and on the chart.
Yellow Dotted = Intraday Levels
White Dotted = Daily Chart Levels
I expect the PPI or CPI to be a catalyst for the market to get a counter trend going and Friday bank earnings to be the counter trend continuation. Again, those are my technical thoughts and outlook, of which, could be different from yours', so please stick with your trading rules and risk management.
JPM weekly bearish hammer continuation of downtrendSell Stop 102.38 LMT 102.38 GTC
Buy Limit 89.54 GTC
Buy Stop 113.00 GTC
JPM weekly bearish hammer continuation of downtrend. Take profit at next support.
JPM rows with a strong level of supportIdea: Long
Horizon: 2-3 weeks
Target: $113.5
Potential of the idea: 7%
Entry volume: 13%
Stop order: $102.3
Technical analysis
The paper came to a strong support level. It is worth opening a position from the current level at 13% of the portfolio. By placing a stop order at the level of $102.3 the risk on the portfolio is 0.45%. The profit/risk ratio is 2.04.
Fundamental factor.
JPMorgan Chase & Co- is an American multinational financial conglomerate, one of the largest banks in the world. The Financial Stability Board (FSB) has recognized JPMorgan Chase & Co. as the most important financial conglomerate in the world, ranked first in the list of globally systemically important banks in the world. As the largest investment bank in the world and the largest commercial bank in the United States, it is one of the "Big Four" banks in the United States, along with Bank of America, Citigroup and Wells Fargo. On Friday, October 14, the U.S. corporate reporting season kicks off, with banks traditionally being the first to report. Analysts expect JPMorgan's revenue to rise to $32.11 billion and earnings per share to $2.92. If the reports will exceed analysts' expectations and the forecasts for the next quarter will be favorable, the market may put the current positive in the price.
JPM - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
JPM is overall bullish trading inside our brown rising broadening wedge and it is currently approaching a demand zone and round number 100.0
Moreover, the lower brown trendline act as non-horizontal support.
Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of:
1- Green Demand Zone
2- Brown Trendline
3- Round Number 100.0
As per my trading style:
Since JPY is already around the purple circle, I will be looking for reversal bullish setups (like a double bottom pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
JPM JPMorgan Chase & Co. Options Ahead Of EarningsIf you haven`t sold JPM after the profit fall:
Then you should know that looking at the JPM JPMorgan Chase options chain, i would buy the $104 strike price Puts with
2022-10-14 expiration date for about
$2.09 premium.
Looking forward to read your opinion about it.
JPM (double) BottomingWe are forming a double bottom patten at the 61.8 Fib Retracement level just 5 days before earnings.... Sentiment is weak despite significant boost in Net Interest Margin. Inverted Yield Curve and collapse of capital markets and mortgage activity does not bode well for JPM however I believe this reality is already priced in to the stock and we are set up for a nice pop.
JPM is obviously a blue chip company and down almost 70 dollars from the highs. I will be trading this with a tight stop against the long term up trend line and the fib retracement but this could be a great entry for a long term position as well.
BATBullish Bat that ended at the 1.113 that is inside a wide Channel Down.
Reaching for T1 is often the best bet as of late, whether you are short or long, and then reassess the situation.
We are possibly still in a bear market and T1 can be all price can do for a while.
The overall trend is still down and for some securities it is a wide trend down leaving room for price to go up or down.
No recommendation
JPM daily RSI divergence with bullish hammer wave 4 of downtrendJPM daily RSI divergence with bullish hammer wave 4 of downtrend. Gotta be quick countertrend.
