We are forming a double bottom patten at the 61.8 Fib Retracement level just 5 days before earnings.... Sentiment is weak despite significant boost in Net Interest Margin. Inverted Yield Curve and collapse of capital markets and mortgage activity does not bode well for JPM however I believe this reality is already priced in to the stock and we are set up for a...
A Wave, B Wave with ~ 0.618 retracement with fibtime <1, now likely impulsing to the downside. Pretty convincing. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite...
JPMorgan Chase Intraday - We look to Buy at 109.10 (stop at 104.26) Short term momentum is bearish. Bespoke support is located at 109.00. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We therefore, prefer to fade into the dip with a tight stop in anticipation...
JPM $JPM Initial Long. This is a pure digital signal processing signal just as are every other signal I post. ZERO other factors are considered in producing this signal. Entry reasons: JPM is showing momentum and confluence of mean reversion crossing up the 70 day price mean. Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step...
NYSE:JPM JPM appears to have reversal a long downtrend with a breakout from a descending parallel channel The Relative strength is increasing on the oscillator. I see a target of 129 based on horizontal resistance and the mid Finonnacci levels of a retracement. This appears to be a low-risk swing long setup with immediate upside of 10-15 % to take an...
For certain stocks I have Spike alerts setup on multiple timeframes to find opportunity. Today a Spike Alert triggered on the 2 Hour Swing Timeframe for NYSE:JPM . Where this spike in the opening morning price is occurring is at the 50% Pullback to the post Earnings rally. I was able to put on a position at the 50% proper this afternoon. This sets up a very...
$JPM is filling the massive gap from a couple of weeks ago.
JPM on 100SMA, Overextended thought he Bollinger band. 95% of time stock retests back to the price median. In this case it would be around 150.
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
In this update we review the recent price action in JPMorgan and identify the next high probability trading pattern and price objectives
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...