This is on of the first stocks that Im a shorting and this is a very clear short as H4 and daily are overbought with a lot of divergence. There is no way to check for a pattern but I believe with all the divergence and the consolidation, this stock should crash in the coming weeks. Also, their quarter earnings report is due on October so it should crash by then.
Daily Chart On daily timeframe, JP Morgan Chase & Co ( NYSE:JPM ) has broken and retested the support around $144. That means price will go up after retest completed. I expect JPM can go up to $160 that level very fit with Fibo Extension Tool (1.618 Re) Wait and see next move
Hi, according to my analysis of .jp morgan stock. There is a fantastic long term investment opportunity. Especially with the price breaking the resistance area at the level of 144. Likewise, the stock exited the sideways channel. We also notice a rising channel as shown in the analysis. good luck for everbody .Note: If you like this analysis, please give your...
New 52-week highs this week, powered by the Dow and Nasdaq100 which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years. The Dow has been powered by, among other things, a slew of corporate financial results, particularly from the banks, which showed not only improved profitability, but also...
While I believe that the markets are currently standing on the edge of a cliff and will not produce a new all time high, it's very important to note that price action is yet to confirm that, with the most significant catalyst of them all being Wednesday's FOMC. Wednesday's FOMC is important because whether the Fed hikes again and how much they hike will determine...
JPMorgan Chase's Strategic Brilliance: Capitalizing on Opportunities Amid Rising Interest Rates JPMorgan Chase has proven itself to be a master of foresight and exceptional management, evident in their strategic moves over the past years. In 2021, the bank took proactive measures by building up cash reserves, anticipating a potential rise in interest rates....
If you haven`t sold JPM here: or bought it here: Then analyzing the options chain of JPM JPMorgan Chase prior to the earnings report this week, I would consider purchasing the 145usd strike price Calls with an expiration date of 2023-7-21, for a premium of approximately $4.15. If these options prove to be profitable prior to the earnings release, I would sell...
JP Morgan is trading inside a Channel Up on a strong 1D technical timeframe (RSI = 68.279, MACD = 2.320, ADX = 18.509). Supported by the 1D MA50, this bullish leg can potentially rally more. If it repeats the rise of the previous, it can hit both R1 and R2 but since R1 is neatly located at the top of the Channel Up, we will buy and pursue this as target (TP =...
JPMorgan Chase - 30d expiry - We look to Buy at 143.33 (stop at 140.33) The primary trend remains bullish. This is currently an actively traded stock. Price action continues to trade around significant highs. Previous resistance at 144 now becomes support. We look to buy dips. This stock has seen good sales growth. Our profit targets will be 150.83 and...
JP Morgan stock is breaking through the upper limit! This chart shows the weekly level candle chart of JP Morgan stock in the past two years. The graph overlays the top to bottom golden section at the end of 2021. As shown in the figure, the low point of JP Morgan stock at the end of 2022 happens to be around 3.414 points in the golden section, and the high...
This is my channel setup with cross hairs of target and expirations for options ideas. I have the indicator to set the 2 zone accumulation boxes that we break and reverse down to if we reject at the top of the rectangle The first green zone is the accumulation for the potential run up. We have to break above 144-149 chop to start signal our bullish...
Here is a good trade opportunity on JP Morgan. I will wait for the breakout of the resistance level and then enter after a successful retest to the resistance level, and if it fails to break the resistance level and breaks the lower trend I will Exit and close the trade. 1- You can get around 11% profit easily. 2- It might take 1-2 months. 3- There is also a...
JPMorgan Chase - 30d expiry - We look to Buy at 134.65 (stop at 131.65) We look to trade the current range. This is currently an actively traded stock. This stock has seen good sales growth. The primary trend remains bullish. Bespoke support is located at 134.50. Our profit targets will be 142.15 and 144.15 Resistance: 141.50 / 143.37 / 144.34 Support:...
Over the past few months, the stock market for banks has undergone significant fluctuations due to various factors, including interest rates, economic conditions, and notable bank failures. It's important to note that not all banks have been affected in the same manner. Despite the volatility, several major banks have adeptly navigated through these challenging...
Hello I'm back again. I will share the XAUUSD market direction movement for today. Pay attention to the boundary area that I have specified where there are points that must be considered Confirmation area as a determinant of whether to continue direction or reversal Base Lev as a point if the breakout will continue the next area This analysis is only a view,...
The Japanese yen is on a four-day losing streak and is in negative territory on Wednesday. In the North American session, the yen is trading at 137.39, up 0.74% on the day. Japan's GDP in the first quarter was higher than expected. The economy grew by 1.6% y/y, after a 0.1% decline in Q4 2022 and easily beat the estimate of 0.7%. On a quarterly basis, GDP...
BEARISH MID TEM BULLISH SHORT TERM JP Morgan boss plays down risk of crisis THE MARKET IS FULL OF MANIPULATIONS Spoofing Spoofing - This involves placing orders with no intention of executing them, in order to create a false impression of market demand or supply, and then cancelling the orders once the market has moved in the desired direction. We're...
EPS at all time High, Stock waiting to catch up. The intrinsic value of one JPM stock under the base case scenario is 185.05 USD. Compared to the current market price of 141.7 USD, JPMorgan Chase & Co is undervalued by 23%.