Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
JPM is overall bullish trading inside our brown rising broadening wedge and it is currently approaching a demand zone and round number 100.0
Moreover, the lower brown trendline act as non-horizontal support.
Thus, the highlighted purple circle is a strong area to look for...
JPMorgan Chase, the largest U.S. bank by assets, upset the market last week when it reported second-quarter earnings that fell short of analysts' expectations. The bank also suspended share repurchases to raise capital to prepare for higher capital requirements in 2023 and 2024. After these two setbacks, is it still safe to buy the bank's stock?
JPMorgan's main...
$JPM is slowly trading in really great areas for buys. If price gives the confirmation I am confident in getting into buys.
As always: Do your own research and backtest a strategy before applying a random stranger's markup. Stay save - Max Power
NYSE:JPM
Yesterday, JPMorgan Chase (NYSE: JPM) reported that the bank's second-quarter earnings fell as a result of adding $428 million in bad loan reserves.
With this view, JPMorgan has chosen to temporarily halt its share repurchases in order to meet regulatory capital requirements.
According to a statement from JPMorgan, the reserve rise was primarily to blame for...
JPMorgan Kicks Off Bank Earnings Season
The bank will re-test the major resistance of the falling wedge.
If a positive outcome occurs the next major resistance level is located at $132, or more than a 16 % possible return for the bulls.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By...
If you haven`t shorted JPM after the Q1 results:
then ahead of Q2 earnings I would buy the following JPMorgan Chase & Co. (JPM) puts:
2023-1-20 expiration date
$113.19 entry price (approximatively)
$90 strike price
$3.15 premium/share
Looking forward to read your opinion about it.
INVESTMENT CONTEXT
S&P 500 Energy Sector has registered 10-trading day decline dropping by 23.7% as fears of recession and lower demand pushed traders to liquidate longer-dated positions
On June 23, all 33 of the U.S. biggest banks, some of which considered as systemically important, successfully passed the Fed's annual stress tests, confirming their...
Having a look at JPM and comparing similar price structures leads again to a bearish result following this recent growth on the Weekly chart
Bottom point will be most likely along the horizontal green line and very like the point in the orange circle
INVESTMENT CONTEXT
President Vladimir Putin said that Russia was not blocking Ukrainian wheat from being exported, and that the grain could be dispatched via ports controlled either by Russia or Ukraine. Before the war, Russia and Ukraine accounted for ca. 29% of international annual wheat sales
U.S. economy added 390,000 jobs in May, beating analyst...
INVESTMENT CONTEXT
JPMorgan CEO Jamie Dimon stated at a banking conference that investors should brace for a "hurricane right out there down the road and coming our way"
At the same conference, Wells Fargo's CEO Charles Scharf added "the scenario of a soft landing is (...) extremely difficult to achieve in the environment (...) we're in today"
U.S....
JPM is just above a major trend line (white)
It is forming a top pattern at the 1.272 Fibonacci line
This top pattern is very similar to what has been seen in the past, which led to a small break down of the trend line (red hammers)
This is the Monthly timeframe
I this update we review the recent price action in JPMorgan and identify the next high probability trading opportunities and price objectives to target
Given the tendency of banks benefitting from the periods when interest rates are rising, is JP Morgan going to provide investors an impressive 60% upside at these turbulent times?
Let's look at it in more detail.
Fundamental indicators:
Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years
Profit margin -...
