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...
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...
US Q2 earnings this week – Citi, JP Morgan, Bank of America, Wells Fargo, UnitedHealth This week we get the US big money centres out with earnings. The focus falls on asset quality, loan growth/contraction, net interest margins (NIM) and any commentary on the recent tightening of broad financial conditions. When we look at the companies included in the US30,...
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...
Financials charts have completely been rejected by the downscoping trend line. A weekly bear flag looks like it's about to trigger and send price action much lower. Since the daily chart is getting oversold, waiting for bearish consolidation is a wise decision if you are wanting to short. With the rise in yields recently, it's clear the Banks net interest...
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
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...
Besides the obvious head & shoulders, as you increase the timeline from 1M to 2, 3 or 6M the more horrendous it gets. Massive bearish divergence in RSI. Price being rejected at the 25 MA, that will most likely lead to a death cross MACD being rejected at the signal line after the inflated march 2020 pump (looking even more rubbish at higher timeframes) ...
Hello Traders Investors And Community, welcome to this analysis where we are looking at recent events, the current price-structure, and what we can expect the next time from the famous large capitalized investment bank JP MORGAN. As it is well known that banks are not within the high performers in the stock-market nevertheless there can be some interesting trade...
JPM continuously negative for 6 weeks This chart shows the weekly candle chart of JP Morgan's stocks over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, JP Morgan's stock hit its high point at the end of July and early August of this year, hitting the top to bottom golden ratio of...
NYSE:JPM is showing the following bullish signals in the Leave A Legacy Indicator: Break & Retest of highs ($144) from Feb-Mar. The break of these highs created a break of structure. Test of an uptrend created from the low of 2022 and March 2023' Break and retest of a downtrend created from the high of 2022 and Jan. 2023 Swept buy side liquidity from the...
ok at 97 this should see support, but damn this is looking like a very long term top on Jamie Dimon's baby. That hurricane he was talking about started a few months ago. Long term target is 50.
JPMorgan Chase - 30d expiry - We look to Buy at 150.22 (stop at 147.22) 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 150.10 should result in a further move...
Goldman Sachs is another one of those stocks that's traded like a can of dog food for a very long period of time that the masses are really drawn to, much like Target, Disney, and Paypal, of which you can find calls for that I've made in the linked section below. GS is relatively significant in that it's one of the 30 components of the Dow, which is one of the...
Key News: New Zealand - RBNZ Interest Rate Decision UK - CPI (YoY) (Jul) USA - Building Permits (Jul) USA - Crude Oil Inventories USA - FOMC Meeting Minutes In the previous trading session, European markets grappled with a challenging day, witnessing noteworthy declines that drove them to their lowest levels in over a month. This downward trend was...
Daily Chart On daily timeframe, JP Morgan Chase & Co ( NYSE:JPM ) has broken and retested the support around $144. That means price will go up after retest completed. I expect JPM can go up to $160 that level very fit with Fibo Extension Tool (1.618 Re) Wait and see next move
New 52-week highs this week, powered by the Dow and Nasdaq100 which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years. The Dow has been powered by, among other things, a slew of corporate financial results, particularly from the banks, which showed not only improved profitability, but also...
🔹Resistance become support at 144 in NEGATIVE reaction. 🔹POSITIVE volume balance indicates higher volume on rising days. 🔹RSI above 70 indicates strong short-term POSITIVE momentum. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle |...