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....
In this update we review the recent price action in JPMorgen and identify the next high probability trade location and price objectives to target
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
Very bullish action on 4h with TTM Squeeze now positive and RSI calling for further upside. Watching closely..
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 -...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Following the trend, I'd buy JP Morgan if breaks the latest high Stop Loss - Below the lowest low from the previous candles 1st Target - R/R = 1,00 - 1/3 Position 2nd Target - R/R = 2,00 - 1/3 Position 3rd Target - R/R = 3,00 - 1/3 Position
Not much of an explanation needed here... financials have been struggling, and JPM right along with them. What's notable here is that price has fallen below the pre-COVID highs, which means that all recapture, plus growth obtained prior to COVID, has all be vanished for stockholders of the mega-bank. Written & Annotated for the CMT Association. Adam D. Koós,...
After ERs price made a below longterm support and it now can retest it as resistance. I am watching price action to see if we can form a new descending channel.
Banks look on the verge of long term breakdown out of broadening wedge pattern with massive monthly RSI divergence.
JP Morgan is a buy. 200 day moving average, .5 fib, while FED raising rates.
Hello everyone, we are gonna see this hit $220 by 2023. BUY every time it hits a low a good price to buy in at is 110.65 I have a course on the best indicator set up. Comment below to sign up. And thanks for reading. Made thus short now go make some bread!!
JPMorgan Q1 net income $8.3 billion, or $2.63 per share, -42% from Q1 of 2021 when JPM posted a profit of $14.3 billion, or $4.50 per share. I expect a retracement to the $119 support on this news, if not even lower.
Financials on full display going into earnings . Will those GAPS fill? Keep them on your radar. #XLF #JPM #C #BAC Interest Rates continue to rise on 30 year home mortgages and the federal interest rates consumers begin feeling the pain of being both pushed out of the market and every direction they turn. In most cases higher interest rates help the banks and...
JPM is currently trading down from a quarterly Supply Zone . Short to Demand around 96$
My trading idea for JP Morgan - SHORT / SELL Entry: 133.20 USD Target: 108.00 USD (+18% profit) Stop: 146.10 USD JPMorgan Chase & Co . is a global financial services company. The company operates in four segments: consumer & community banking ( CCB ), corporate & investment bank ( CIB ), commercial banking ( CB ) and asset & wealth management ( AWM ). U.S....
$JPM Key Levels, Analysis, & Targets As long as MacD is under the centerline these are my targets. I’m not sure how I’m going to play this yet, though…. I’ll wait until after earnings, and honestly I might wait on JPM for some of the lower targets… I've got my alerts set... ------ I am not your financial advisor. Watch my setups first before you jump in… My...