JPM added more put spreads today let’s ride 🚀JPMorgan Chase & Co. stock forum
JPM added more put spreads today let’s ride 🚀
JPM , as of this writing it is Overbought at Monthly however dips are still getting bought and going higher. Idea is to ride the momentum until it losses steam probably till Earnings report and then Short it. EOY target is $320+JPM starting a short position here
JPM 🧭 Trade Plan: Swing/Day Trade Setup✅ Bias: Bullish momentum confirmed after a moving average pullback (signals strong institutional holding).
🎯 Entry Idea: Traders can participate at any price level, but the "Layered Entry Strategy" (aka Thief OG’s layering style) adds precision.
Example layered buy zones: 302 / 304 / 306 / 308 / 310
You can expand layers higher/lower depending on your own system.
🛡 Stop Loss (SL): Suggested base SL near 298 (after breakout).
⚠️ Note: This is a reference SL only — adjust based on your own risk tolerance & strategy.
💰 Target (TP): Resistance + overbought zone + potential liquidity trap expected near 325.
Note: This TP is for illustration. Manage profits responsibly and adapt based on your plan.
👥 Community Notes for Traders (Thief OG’s Vibe 💎)
The “Layered Strategy” = multiple limit order entries at incremental price points (helps manage volatility).
SL/TP shared here are not fixed signals — please customize to your own risk management.
Always remember: markets can trap — escape smartly, protect capital, and secure profits when available.
🔗 Correlated Assets to Watch
📊
BAC (Bank of America) – often mirrors JPM’s sector momentum.📊
GS (Goldman Sachs) – reacts strongly in financial sector rotations.📊
XLF (Financial Select Sector ETF) – sector-wide moves give context for JPM setups.📊
SPY (S&P 500 ETF) – broader market trend influences JPM’s direction.
JPM who thinks this will be $310 by tomorrow?
JPM fight backJPM Who thinks this will be 300+ today? will jpm form a new 52 week high today?JPM fly for me
JPM JUST IN: JP Morgan & Coinbase crypto deal details:- Direct Bank-to-Wallet
- Chase Reward can be funded to CB account (100p = 1$)
- Enable "Chase Credit Card" for CB users
💪🚀🫡
JPM adding shorts here