Sure does look like it wants to test previous breakout level at least. Stalking June puts here....
Monster accelerated uptrend for a major US bank. Retrace back down is a very good possibility
This is a text-book bubble. This move will not last and needs to pull back. Look for a pullback to 50.64 at least.
Good time to take some money off the table@the top of the channel
With the vote on DImon tomorrow looming, watch the options market closely for "tells". The day before the London Whale story, put volume exploded.
posted this setup last week. share price has weakened as the setup suggested
short setup , bearish pinbar at resistance , stops above pinbar high ($49.70)
bullish convergence & bounce off trendlines. predict $52+
Need to break angle c for bullish movement,,, Ned to break angle A for bearish movement,,,
Head shoulders ,so far has failed to close below the neckline to pull the trigger