Double bottom with divergence on MACD, RSI and Stochastic with 61.8% Fibonacci support from the bottom of the corona crash. Compared to the index finances are looking a lot better with JPMorgan Chase & Co. and Citigroup leading the way. Breakout of falling Wedge pattern shows a great opportunity for a Long position.
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 -...
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
$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...
Very bullish action on 4h with TTM Squeeze now positive and RSI calling for further upside. Watching closely..
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.
Based on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF $JPM breaches yesterday's low of $122.16 during today's session.
A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
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,...
bancos americanos seguimiento pretende capturar el mmento de las rupturas claves
JP Morgan is a buy. 200 day moving average, .5 fib, while FED raising rates.
The PEAD projected a Bearish outlook for $JPM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.
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.
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!!
here is the current channel JPM is playing inside of. laid out some weekly levels to consider and watch for support and resistance reversals.