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BernardPupacic

JPM double bottom

Long
JP Morgan Chase (NYSE:JPM)  
BernardPupacic  
NYSE:JPM   JP Morgan Chase
Trend Analysis Chart Patterns Technical Indicators rsi_divergence macdivergence Falling Wedge wedgebreakout Double Bottom bottom Fibonacci Retracement Fibonacci Extension
3
0
trendanalysis chartpattern indicator rsi_divergence macdivergence fallingwedge wedgebreakout doublebottom bottom fibonacciretracement fibonacciextension
Double bottom with divergence on MACD, RSI and Stochastic with 61.8% Fibonacci support from the bottom of the corona crash. Compared to the index finances are looking a lot better with JPMorgan Chase & Co. and Citigroup leading the way. Breakout of falling Wedge pattern shows a great opportunity for a Long position.
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