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Modus777
Mar 18, 2021 3:03 AM

$JPM Ready to test highs again Long

JP Morgan Chase & Co.NYSE

Description

Algos have this pinned right at that conversion line and 8 Daily EMA. Flirting with overbought RSI, it has made a steady climb up to higher highs. I've set 160 as a psychological level to break, but the way it has been moving, it could move much higher. XLF looks strong as well, indication higher highs for the entire financial sector. Targets should be short term, ready for a quick drawback if it fails to break out of these levels.
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