"Gold is money. Everything else is credit." --JP Morgan
👉Now his company (priced in gold) is on the BRINK of a CRITICAL breakdown.
#jpmorgan #gold #money #fiat #inflation #banks
If you haven`t sold JPM here:
or reentered ahead of the previous earnings:
Now analyzing the options chain and the chart patterns of JPM JPMorgan Chase & Co prior to the earnings report this week,
I would consider purchasing the 147usd strike price Calls with
an expiration date of 2023-10-13,
for a premium of approximately $1.91.
If these options prove to be...
Played OTM NOV20 calls when NYSE:JPM FTFC flipped to green.
Loads of #TheStrat elements now in this chart a week and a nice +130% later.
Exited above the top of the tri (18 m's) after opening, when price stopped going higher and started to reverse.
Broadening formation: higher highs, lower lows, higher highs. See how it took out 3 weekly pivots (in blue)...
JP Morgan Chase crossed over the MA50 (1d) and despite the intra day pull back, it is considered a bullish signal.
This came after the price hit and bounced on the MA200 (1d).
That was the bottom of the 11 month Channel Up.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 157.00 (under the Resistance, same with the April break out).
Tips:
1. The...
JPM Earnings and Buying Opportunity
Bloomberg Markets: "JPMorgan posts another quarter of record net interest income and boosts its forecast for the year as it benefits from higher interest rates and its purchase of First Republic Bank"
Daily Closing above 148 $ may trigger the bullish PA.
Targets : 150 $ 153 $ 159 $
The commercial bank JPMorgan tested the Tokenized Collateral Network (TCN) system for tokenizing collateral, conducting a real transaction between the financial giants BlackRock and Barclays.
TCN converted shares of one of the investment funds into corresponding tokens, which were then used as collateral for an over-the-counter derivative deal between the two...
The chart is very explicit. Price is forming an inverse HS at the trendline support. It can break out at any moment, today, tomorrow but soon. Even if the price is pushed back I wouldn't close the position. That trendline is very strong and most likely to try go higher again.
J.P. Morgan today announced the launch of its Securities Services Data Mesh for institutional investors, available through Fusion by J.P. Morgan (Fusion). The solution enables investors to retrieve critical investment data held by J.P. Morgan’s Custody, Fund Accounting and Middle Office services, using cloud-native channels including REST APIs, Jupyter notebooks...
Hey TradingView. TiltonKy is bank to bring some new ideas for the quarter.
We are investing numerous positions, and a few we plan to share with trading view this quarter.
Firstly Banks.
"SVB Banking Crisis" has put a point and hold on the banking sector this year. Giving Financials a 2 year devalution on going. This bear market for the sector has gone on for...
JPM nice hammer week, FTC flipped to green.
Not there yet, as in hammer week itself is not an actionable signal (yet) as per TheStrat.
Above 145.88 and as long green, nice potential back up north with decent pivots on the weekly and if it can keep going 160 area during Q4.
Let 'm open next week, keeping an eye on financials as well, also keep in mind JPM...
█ SIMPLISTIC ANALYSIS </
Current Trend: positive.
Next Wave: buy wave to the deviation.
Trade Type: Touch & Go don't wait for a close.
█ EARNINGS AT A GLANCE </
Release Date: 10/13 BMO
Earnings Anticipations: positive surprise for EPS & Revenues.
Surprise-Confidence on a scale of 0-5: 3.5
EPS & Revenue Trend: the trend in EPS is positive, the trend in Revenues...
Banks- Diversified
Double Bottom at the zone then a nice drop to $83 TP 1
However at $117
id be keeping my eyes peeled for a potential reversal and bullish continuation
JPMorgan Chase - 30d expiry - We look to Buy at 150.35 (stop at 146.75)
The primary trend remains bullish.
A Doji style candle has been posted from the base.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Daily signals are bullish.
A break of the recent high at 150.25 should result in a further move...
JPM Broke the current trend line and looks to be heading further down. Possible retest of the trend to watch out for.
Currently playing on a strong resistance that could turn into a support, If we don't hold this as a support I'd expect a retest of the support at around the $134.33 level, targets are $136 & $135.
Trade 1:
Target $136, expires 15th September...
With a 5 min confirmation over 150.11, JPM has room till 151 without roadblocks. Over 151 it may run till 153.
Plan:
- Wait JPM to break 150.11, a break + retest would be perfect. CALL Options @ 150.
- Initial Stop loss below the 5min candle before the break of 150.11
- Exit Profit 70% @ 150.95
- Trail 30% Stop Loss to 150.70
- New Profit Target 152.95
Price broke to the upside from a descending triangle.
Has formed an ABC pattern and target is D. This pattern tends to reverse at D.
Possible stop under C. C is at 142.65.
Target 1 has been met.
Not a happy candle today.
No recommendation.
Short interest is less than 1%.
JP Morgan Chase is trading inside a Channel Up and the most recent HL was on September 8th. Yesterday the 1D MACD formed a Bullish Cross and one last buy validation signal remains, crossing over the 1D MA50. The 1D technical outlooks already just turned bullish (RSI = 55.829, MACD = -1.250, ADX = 38.742) so we will buy that 1D MA50 cross and aim at a +16% total...
