JPMPretty nasty close this quarter if you ask me. Bearish rsi divergence. Would be surprised if the c0vid low don't get broken. Think this stock will get cut in half to low $40s if it does.
CMC trade ideas
JP Morgan Chase & Co. Fib ChannelsMuti-target system based on groups of fractals arranged by fibonacci ratios. Fib Channel covers at least 30 years of stock's patterns.
Colors will most likely coincide with the mood of masses. Chances of market to correct will grow as the price appoaches a hotter color.
JPM: Potential reversal?JPMorgan Chase
Intraday - We look to Buy at 109.10 (stop at 104.26)
Short term momentum is bearish. Bespoke support is located at 109.00. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 122.26 and 128.00
Resistance: 123.00 / 133.00 / 172.00
Support: 109.00 / 90.00 / 70.00
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CHASE(JP Morgan) Diamond? MonthlyHere we have a Mature Diamond ready to pop. I technically have 2 drawn but structurally they have 95% similarity so I expect the same results regardless, I believe the red and green transparent rectangles are the options of what is to come from previous measurements. Either a continuation diamond or a diamond top. The only interesting thing is that at the peak of the diamond maturity there is a TD red 8 and 9 which is a bullish sign, with a decent structure downwards for the count sequence but, it is valid to suggest this 9 could fail into another red 1 downwards and it's a lot of blood in a short amount of time. Funny enough the TD sequential indicator marked with blue dots where the price exactly could land if it falls. TTM Squeeze not exactly not helping a bullish case because I see the histogram spike downwards, not a good time tbh...
The end of the negative trend?
The wedge shape seems to be broken, the movement of the indicators confirms the change. The exchange rate is looking for a direction.
The next 5 waves emerging?
+
The largest investor also bought it (Mairs & Power).
JPM 2 scenariosJPM 2 scenarios . 1] buy after the break above the resistance 1 and 200ma . 2] sell after the break under the resistance 1 and 200ma ...
JPM $JPM Initial LongJPM $JPM Initial Long. This is a pure digital signal processing signal just as are every other signal I post. ZERO other factors are considered in producing this signal.
Entry reasons: JPM is showing momentum and confluence of mean reversion crossing up the 70 day price mean.
Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step and 1.5xATR offset.
$JPM weekly reversal ideaHello dear Traders,
Here is my idea for #JPM
Daily close above the yellow trigger line (previous month high) to enter trade.
We try to anticipate a 2-2 bullish reversal in the weekly chart - price found support at monthly pivot Line
Momentum: Weekly UP, Monthly UP
Targets marked in the chart (black lines)
Invalidation level marked with red line
Please feel free to ask any question in comments. I will try to answer all! Thank you
Finally.....JPMDisclaimer
On average, 90% of all stocks move down with the market, and 75% move up.
The wave principle applies to some extent to individual stocks, but counting the waves for them is often confusing and does not have much practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses.
Finally, the end of the previously expected correction has come (we had to wait a year longer than planned). -------
JPM LONG SETUP Early Reversal of DownstrendNYSE:JPM
JPM appears to have reversal a long downtrend with
a breakout from a descending parallel channel
The Relative strength is increasing on the oscillator.
I see a target of 129 based on horizontal resistance
and the mid Finonnacci levels of a retracement.
This appears to be a low-risk swing long setup with
immediate upside of 10-15 % to take an entry
when the general market is reversing to the upside.
JP Morgan (JPM) Post Earnings PullbackFor certain stocks I have Spike alerts setup on multiple timeframes to find opportunity. Today a Spike Alert triggered on the 2 Hour Swing Timeframe for NYSE:JPM . Where this spike in the opening morning price is occurring is at the 50% Pullback to the post Earnings rally. I was able to put on a position at the 50% proper this afternoon. This sets up a very low risk entry to play a move back to retest to highs of the post-earnings rally and beyond.
JPMorgan bullish scenario:The technical figure Channel Down can be found in the daily chart in the US company JPMorgan Chase & Co. (JPM). JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.954 trillion. Additionally, JPMorgan Chase is ranked 24th on the Fortune 500 list of the largest United States corporations by total revenue. The Channel Down has broken through the resistance line on 13/08/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 31 days towards 131.18 USD. Your stop-loss order, according to experts, should be placed at 106.09 USD if you decide to enter this position.
JPMorgan has wrapped up the acquisition of Global Shares, a fintech firm. The financial terms of the transaction, announced this March, haven’t been disclosed.
Ireland-based Global Shares, through its cloud-based platform, helps businesses manage employee stock plans. The firm, through its offices across Europe, the Middle East & Africa, North America and the Asia Pacific, has 650 corporate clients and roughly $200 billion in assets under administration.
Global Shares will be integrated into JPMorgan’s Asset & Wealth Management (AWM) segment. The firm will continue to be based out of its current location.
Now, with the addition of Global Shares, JPM will become of the major providers of state-of-the-art “employee ownership solutions to private and public companies” across the globe.
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$JPM overextendedJPM on 100SMA, Overextended thought he Bollinger band. 95% of time stock retests back to the price median. In this case it would be around 150.
Inverse Head and Shoulders Price is at the neckline if this is an inverse H&S pattern.
The market seems as if it can play tricks as of late so I am overly cautious perhaps.
The market does not match up with the economy as of late in my opinion.
But opinions are just opinions and everyone has one, or two, or more.
Candles became smaller exhibiting spinning tops and small Doji candles which can be called deliberation. There is less conviction for the down trend as these candles become smaller and indecisive. This considered somewhat bullish. Deliberation occurs in uptrends as well.
Doji/spinning top yesterday representing indecision.
No recommendation.
Mr. Market is doing exactly opposite of what I expected for now, so perhaps it is best not to expect anything and be flexible (o:
jpm $147.50 targetTracking the Money flow and the AD. Its showing me an $147.50 target on jpm via an ascending triangle. It previous broke out of the cup/handle pattern. Which was led by an bullish ABCD Pattern and Bull Flag. D leg should be the retrace leg, the AD could retrace back to the previous breakout handle.. Will re-evaluate at that time.
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JPM - Strong Support Ahead!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:
As JPM approaches 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 with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $JPM after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
JPMorgan Chase | Fundamental Analysis | MUST READ | SHORT 🔔JPMorgan Chase, the largest U.S. bank by assets, upset the market last week when it reported second-quarter earnings that fell short of analysts' expectations. The bank also suspended share repurchases to raise capital to prepare for higher capital requirements in 2023 and 2024. After these two setbacks, is it still safe to buy the bank's stock?
JPMorgan's main second-quarter numbers are certainly not what investors wanted to see, but still, most of them were expected.
The Federal Reserve's annual stress test and consistent warnings from JPMorgan management told anyone who paid attention that capital requirements would increase, leaving the bank with less excess capital to distribute to shareholders. The bank still has a tremendous amount of capital but has essentially become a victim of its own success as the bank's growing size and other factors have led to higher regulatory capital requirements.
Incredibly strong corporate and investment bank JPMorgan Chase also posted its least profitable quarter in the past five quarters, posting a profit of about $3.7 billion. Investment banking fell sharply as events such as initial public offerings (IPOs) did not take place this year amid market volatility and uncertainty. Investment banking revenues fell by nearly $2.1 billion from the same quarter last year. Nevertheless, JPMorgan maintained its No. 1 position in the investment banking sector in terms of wallet share.
Although the bank fell short of forecasts, there were a few positives to note in the quarter. Lending continued to grow, and net interest income ( NII) - the profits that banks make from loans, securities, and cash - also grew.
Total average loan balances were up 2% from the previous quarter and up 7% year-over-year. Credit card balances jumped 9% in the quarter and rose 17% year over year. Commercial loans at the end of the period were also up 4% quarter-over-quarter and 10% year-over-year, with particular growth in the mid-market banking sector.
Banks are also in the most aggressive increase in interest rates not seen since the Great Recession. NII was $15.2 billion in the quarter, up $1.3 billion from the first quarter. In addition, management raised its NII forecast and now expects NII, excluding market-related NII, to be $58 billion for the year, up from the previous forecast of $56 billion.
Credit quality so far remains very high, and management also maintains its forecast for spending at $77 billion for the year.
Although the forecasts fell short, JPMorgan still posted a 17% return on tangible total equity (ROTCE), which is the bank's return on equity after deducting intangible assets and goodwill.
This figure is in line with the bank's immediate financial goals. In addition, NII continues to improve. We are hopeful that investment banking activity will begin to recover later this year. While capital returns will be more modest in the near term, JPMorgan still has a tremendous amount of capital and is indeed constrained by regulators, which is beyond its control.
The bank's stock currently trades at 163% of its book value or net worth, and less than eight times earnings, a historically low valuation in recent years. For this reason, we rate the stock a "buy" because, despite the lower valuation, the bank's business has only gotten stronger in recent years.
$JPM Technical Outlook - The Best Area for Long Term Buyers$JPM is slowly trading in really great areas for buys. If price gives the confirmation I am confident in getting into buys.
As always: Do your own research and backtest a strategy before applying a random stranger's markup. Stay save - Max Power
NYSE:JPM
