Get started
ddcakez

WATCH JP Morgan(critical Point)

JP Morgan Chase (NYSE:JPM)  
ddcakez  
NYSE:JPM   JP Morgan Chase
Trend Analysis Technical Indicators potential reversal neutralposition watching watch-this-level
0
0
trendanalysis indicator potential reversal neutralposition watching watch-this-level
JPM is in a critical state as seen by it resting at its Fibonacci support. It can either break to the downside, allowing for a entry at 140 or it may reverse. In order to conclude the direction that this stock is going, watch the daily and weekly for a turnaround via the MACD. A reduction of bearish momentum within the weekly and bullish momentum within the daily suggest a reversal.
-Bullish Price Target 160
-Bearish Price Target 140
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.