We 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...
hello world TQQQ forming a Head and Shoulders continuation pattern with a break line at around 25.20. The intermediate uptrend represented by the blue trend line was broken and retested and we are now trading just above the neckline. First target would be below 22 with further downside possible. I 've kept the investment strategy as neutral because I...