Stock Market Trading is dangerous and non profitable for most of you out there. Follow signals, make money. Period. How to use my signals? LONG: Buy and hold as long as the price stays above the green zone. SHORT: Sell and hold as long as the price stays below the red zone.
We have technical figure Rising Wedge in US company JPMorgan Chase & Co . ( JPM ) at daily chart . JPMorgan is an American multinational investment bank and financial services holding company. The Rising Wedge has broken through the support line at 15/06/2021, if the price holds below this level we can have possible bearish price movement with forecast for the...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on June 11, 2021 with a closing price of 159.92...
JPM is looking at a retest of that 160 target I had a few days ago. As expected, algos took profits and it put in a bearish candle at the top. It seems like JPM has been trading inside a very range for a while, and if earnings posted are good, it should break higher, looking at 160 calls that should be paying nicely on this swing. All indicators show a bullish...
This chart might not look that technical...but, it's accurate...to the best of my knowledge. After a nice deathly pull-back, JPM is ready to go another leg to beat their ATH...Good luck.
Algos have this pinned right at that conversion line and 8 Daily EMA. Flirting with overbought RSI, it has made a steady climb up to higher highs. I've set 160 as a psychological level to break, but the way it has been moving, it could move much higher. $XLF looks strong as well, indication higher highs for the entire financial sector. Targets should be short...
I see JPM as having the most upside out of BAC GS MS, with the stock buybacks and earnings report.
Here is the updated chart on JPM short trade I have posted on January, 12th. Brief pop above the resistance level to clear out any shorts. Turning around and dropping down below which proves to be a bull trap. From there, pretty steady down trend day after day. Today, hitting the first target. 10.5% down from the high. Next target is $117.20ish level and reaction...
This is a potential set up and not yet actionable unless you want to take an aggressive starting position. JPM has finally up to pre COVID price level. The run up recently has been too fast too sharp in my opinion. RSI is extreme over bought reading. Any marginal high will extend the PPO divergent high. Be careful trading this since the earning is coming up on...
Hello everyone This is my Jpmorgan idea for Weekly time frame watch key notes for more detail on chart for any question feel free to ask :) good luck
#jpm Real-Time Algorithmic Trading Signals. Stay curious
JPM is noticeably breaking the downward blue sloping resistance of a possible bullish flag, notice on the RSI we have already seen a breakout of the pattern and a re-test of old resistance turning into new support, very bullish. Not a big fan of JP Morgan, only for bashing Bitcoin, other than that, they have the FED in their back pocket, DON'T FIGHT THE FED,...
Despite the excellent earnings report released yesterday that showed the company hit the forecasts, our indicators, based on technical analysis only tell us that the stock in its the way down. According to the MACD, we should see a sharp drop by the end of the week also, the RSI doesn't say differently. The bottom line is the same: For the long run JPMorgan is...
$JPM returned from its descending resistance. Resistance should be confirmed in following weeks. Overall perspective reflects a pennant pattern. If it breaks ascending support line, next target can be 35.5. Next support test can be in a month.
JPM seems to be on the rise but its got a lot of resistance to break to the upside. Considering how weak the banking sector has been compared to other sectors. im guessing we will not break resistance. But lets wait and see.
There are a lot of different models for this, and It's hard to determine, but some of the models I have seen have the first wave forming at the first high after the covid sell-off (96.55), but I consider that cluster part of market chaos/confusion and consolidation and therefore part of the formation of wave 1, wave 1 saw the highs of 115, initially I believed,...