Possible Debit Spread on JPM Short

JP Morgan Chase & Co.NYSE

Description

⋅ Jun 1, 2017 9:37 PM

This LOOKS like a head and shoulders to me. BEST CASE, JPM prob hits the 50 ema on the weekly. But, this debit spread IS over earnings... R:R is nice. ;-)

Comments

Reallifetrading

⋅ Jun 2, 2017 3:32 PM

My take from here :

Reallifetrading

⋅ Jul 10, 2017 7:39 PM

@Reallifetrading, I'm going to lose 1 R on this beast. Figured this PERFECT H&S pattern was 'too good' to work. ;-)