NYSE:JPM is the last Bank that has been able to hold onto its Dow 30 component status. It is running up on a combination of buybacks and ETF development for Dow 30 index components. The stock is over-speculated heading into the earnings season. Volume Oscillators show the extreme pattern clearly. So even minimal weakness in the earnings report could cause an...
Bank of America Corporation (symbol ‘BAC’) share price rose by around 22% in the last quarter of the year and managed to cover the losses incurred in the previous quarter. The company is expected to report its earnings for the fiscal quarter ending December 2023 on Friday 12th of January before market open. The consensus EPS for the quarter is $0.68 compared to...
Shares in JP Morgan Chase and Co (symbol ‘JPM’) had a rather aggressive bullish rally beginning in late October and managed to gain around 20% in just 2 months. JPM is expected to release its earnings report for the quarter ending December 2023 on Friday 12 January, before market open. The consensus estimate for earnings per share is $3.64 compared to the result...
Ascending Triangle breakout. BlackRock officially named JPMorgan as an authorized participant for its pending Spot Bitcoin ETF. Upon any approval by the SEC, JPMorgan Securities and Jane Street Capital will be among the first financial firms to begin working with Bitcoin shares for investments. Get your popcorn. Lots of fuckery incoming via various bankster...
JP Morgan Chase (JPM) has been trading within a Channel Up pattern since the October 12 2022 market bottom. Currently it is on a relentless rally since the October 27 2023 Higher Low, which is technically the Bullish Leg towards the Channel's top and new Higher High. The peak points of the previous two main Bullish Legs of the Channel Up, took place when the 1D...
JPM may be overbought on the 1D technical outlook (RSI = 82.199, MACD = 3.72, ADX = 70.645) but is extending the bullish leg of the 14 month Channel Up. It sits comfortably over its middle and calls for an extension. We will enter on the closing of the first red 1D candle and target the 1.618 Fibonacci extension (TP = 174.00), which was the December 1st 2022...
Still no breakdown for JP Morgan priced in gold. Still at same level it was over 20 years ago. #Gold #JPMorgan
JPM was in a huge symmetrical triangle, and a few days ago, it broke out of it. However, while breaking out of it, JPM was already overbought, and there is a small chance it can continue with this pump further without cooling down. Yesterday it made a huge bearish reversal engulfing candle, which is showing the turnaround is here. MACD is trying to turn down,...
JPM is Way overbought should retest $150 support in coming days
My SSG system produced a sell signal on JPM. Volatility not so attractive to short calls imho, so I am looking into buying puts currently, maybe financed by a short call...
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After a 16 day upswing, 7 consecutive green days, and a sharp rejection at the current level, perhaps a good level to buy PUTs? Close out if any close above today's level.
💡 Pattern: Bull Flag 💡 RSI: 51 Neutral 💡 Risk: Medium ✅ Resistance: 158 ✅ Support: 144 PERFORMANCE 🟡 ST: HOLD 🟡 MT: HOLD 🟢 LT: POSITIVE *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️
The reason that I charted this is because it looks like JP Morgan has a had a spike today but will potentially see an uptrend (bull flag) and hit near $149.00 by or before the EOD or a down trend because it is failing to continue to push to new supports (based off of Today's chart only). I am predicting it to fall based off of MACD not maintaining momentum as well...
On the 3 month chart, the bottom of our current trend was way way back in 2008 after the crash. We finally formed a lower high on our 3 month RSI in 2021, the lower high that we formed in July 2023 was also a rejection under the moving average. We are now in a downtrend on the 3 month chart. there is no major support until we get in 50's range. Most of the major...
A safe pair of hands. That’s what they tell me about JP Morgan. The chart says otherwise. On the above 2-month chart a significant negative divergence has confirmed with price action. Looking left history tells us a correction of up to 80% follows with those powerful divergencies. A strong sell signal also printed on the chart similar to that in 1999 (not shown...
"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
JPMorgan Chase Shines in Earnings Season with Prudent Strategy JPMorgan Chase has set a robust tone for the current earnings season by delivering exceptional results. As the largest bank in the United States, it exceeded earnings per share expectations by more than 11%, driven by significant growth in quarterly net income. This impressive performance solidifies...