JP Morgan is ranging from the past three months, and its at the highest point in the range. Stochastic indicator is entering into the zone If it closes below 117.23 i.e the next support level, will go short with risk:reward of 1:1
The price has reached the target price, and there is doji formed in Daily chart. Prior earnings, possible 114
thedrtrader
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I took some profit yesterday and moved my stop loss to break even, today stock gapped up and got stopped at break even.
Have to re-evaluate the stock technical analysis again.