Samirp01

JPM Breakout Imminent

Long
Samirp01 Updated   
NYSE:JPM   JP Morgan Chase
JPM, along with other value stocks within the financials, travel, and industrial sectors, have seen relative strength during the recent market sell off. I'd like to see JPM close over 155 for a move up to the low 160s, but seems like it needs to reclaim and bounce from the 20 day EMA first.
Comment:
JPM broke above which shows it's strong - still holding calls, expecting financials to rip further in the coming week or 2.

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