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AquilaTrading

JPM

JP Morgan Chase (NYSE:JPM)  
AquilaTrading Updated   
NYSE:JPM   JP Morgan Chase
Chart Patterns Technical Indicators
7
0
chartpattern indicator
JPM

Might be an ascending triangle into resistance.

On watch.

0.618 weekly Fibonacci retracement (ATH/ATL) right above at 140.98$.

Comment:
Carefull on this ticker. Got rejected twice at the resistance. And now trading outside the pattern...
Comment:
Bank stress test pushed the price higher and reclaimed the trend line.

Broke out on Friday. If it holds, should move to next targets up 1.272, 1.618

Still a chance it fails here.

Earnings on 14th July.
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