InTheMoney Stocks
Long

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

BATS:JPM   JP MORGAN 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
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out