gumbtg

Financials moving higher

Long
gumbtg Updated   
NYSE:JPM   JP Morgan Chase
JPM seems to be strong right now in these market conditions.
Divergence seen on daily stochastics suggesting that momentum may be shifting to the upside.
Watch volume here closely thou. We would like to see strong volume as we move higher, showing bulls have conviction here. If we see distribution volume at these levels I would proceed with caution.
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