tradepatiently

JPM Entry, Volume, Target, Stop

Long
tradepatiently Updated   
NYSE:JPM   JP Morgan Chase
  • Enter when price clears 144.35
  • With daily volume > 10.5M
  • Target area: 166
  • Stop depends on your risk tolerance, but 137 for a 3/1 Risk/Reward
Comment:
That volume should have been 13.76M on the daily (not 10.5M). Still watching.
Comment:
Comment:
Soo close, can it break thru with volume?

Trade active
Comment:
Earnings next Friday, I don't recommend holding thru earnings.
Comment:
Closed my position.
Comment:
If I were still holding, I'd probably be 1/2 out by now.
Trade closed manually

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.