If you look at this chart you will notice that the resistance is above the 50 EMA. To Be honest NYSE:JPM is oversold.
Do you see that the chart has been up-trending? Learn the rocket booster strategy check out the references below.
Also notice that this uptrend is very much near the resistance. With the Rocket Booster Strategy you will understand the direction of the price.
Remember the price is near resistance.Also do not use margin.
Disclaimer:This is not financial advice do your own research before you buy or sell anything and do not buy or sell anything i recommend to you.Take this as a warning you will lose money in trading, so learn risk management strategies as well.