JPM Broke the current trend line and looks to be heading further down. Possible retest of the trend to watch out for.
Currently playing on a strong resistance that could turn into a support, If we don't hold this as a support I'd expect a retest of the support at around the $134.33 level, targets are $136 & $135.
Trade 1:
Target $136, expires 15th September
Trade 2:
Target $135, Expires 29th September
Currently playing on a strong resistance that could turn into a support, If we don't hold this as a support I'd expect a retest of the support at around the $134.33 level, targets are $136 & $135.
Trade 1:
Target $136, expires 15th September
Trade 2:
Target $135, Expires 29th September
Comment:
15th September Trade closed at a loss, 29th still open but looking unlikely
Tomorrow we should see the price start to pull back and head towards out $136 level. The option for 15th September isn't looking to strong at the moment but we still have 3 days left till that expires