Bullish DailyPlay for Tuesday March 13th - J.P. Morgan (JPM)

The bullish DailyPlay we chose for Tuesday March 13th is J.P. Morgan ( JPM             ). JPM             is part of the Financial Sector ( XLF             ). Over the last month, XLF             has experienced an 8.98% move higher and its 1m and 6m trend has turned bullish on 3/5 and recently bounced higher off its $28 support level .

J.P. Morgan's 1m and 6m trends turned bullish on 3/5 while breaking above its $117 resistance level which now becomes support. With a technical score of 9 (out of 10), JPM             is a strong bullish stock that will likely continue higher.

View this Trade Idea on JPM: https://app.optionsplay.com/#share/5aa72aece3151317bc9c36dd

As a stop loss, if JPM             was to trade below $117 for multiple days, this would invalidate our analysis and suggest getting out of the trade.

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