InTheMoney Stocks
Long

J.P. Morgan Chase & Co Drops, Watch This Level

BATS:JPM   JPMORGAN CHASE & CO
97 0 0
This morning, J.P. Morgan Chase             & Co ( JPM             ) is coming under early selling pressure. The leading financial stock is falling after a government investigation was launched into its Chinese hiring practices. The company has also come under pressure recently after the London whale trading scandal lead to two arrests and caused the bank a $6.2 billion loss. Recently, the financial giant agreed to pay $410 million to settle charges with the Federal Energy Regulatory Commission for manipulating electricity prices.

Today, JPM             stock is trading lower by 0.86 cents to $52.42 a share. Day traders should watch for intra-day support around the $51.49 level. This is an area where the stock could see an intra-day bounce. The next major intra-day support level would be at the $50.20 level.

Nicholas Santiago
InTheMoneyStocks
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out