sum1

Good news for JP Morgan

Short
NYSE:JPM   JP Morgan Chase
It is in my list to go short with options in few months. May before or after election. Let see!!!!

Black line 1st degree is a very strong support line. So bounce expecting when it touches and then side wise choppy trade and will be short lived bounce. Eventually it will break the 2009 line and then the territory will be a free fall. Take your money out from the bank before it shuts down. Because the last support zone I can see is in 2009 low.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.