JPM to bounce off trend line

BATS:JPM   JP Morgan Chase & Co
JPM is now in a good position towards bouncing to the top of its trending channel off the trend line (after two measured legs down).

Trigger level with a stop order - 39.70.
Stop loss is at 38.10 level - below major support line.
Target is 43 area - an area of major resistance.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.