JPM was in a huge symmetrical triangle, and a few days ago, it broke out of it. However, while breaking out of it, JPM was already overbought, and there is a small chance it can continue with this pump further without cooling down.
Yesterday it made a huge bearish reversal engulfing candle, which is showing the turnaround is here. MACD is trying to turn down,...
My SSG system produced a sell signal on JPM. Volatility not so attractive to short calls imho, so I am looking into buying puts currently, maybe financed by a short call...
Trading without high margin, or trading with lower leverage, can offer several benefits for traders. Here are three steps and their associated benefits:
1. Risk Management:
- Benefit: Lowering the margin reduces the potential for significant losses.
- Explanation: High margin trading amplifies both gains and losses. While it can lead to substantial...
After a 16 day upswing, 7 consecutive green days, and a sharp rejection at the current level, perhaps a good level to buy PUTs? Close out if any close above today's level.
The reason that I charted this is because it looks like JP Morgan has a had a spike today but will potentially see an uptrend (bull flag) and hit near $149.00 by or before the EOD or a down trend because it is failing to continue to push to new supports (based off of Today's chart only). I am predicting it to fall based off of MACD not maintaining momentum as well...
On the 3 month chart, the bottom of our current trend was way way back in 2008 after the crash. We finally formed a lower high on our 3 month RSI in 2021, the lower high that we formed in July 2023 was also a rejection under the moving average. We are now in a downtrend on the 3 month chart. there is no major support until we get in 50's range. Most of the major...
A safe pair of hands. That’s what they tell me about JP Morgan. The chart says otherwise.
On the above 2-month chart a significant negative divergence has confirmed with price action. Looking left history tells us a correction of up to 80% follows with those powerful divergencies. A strong sell signal also printed on the chart similar to that in 1999 (not shown...
"Gold is money. Everything else is credit." --JP Morgan
👉Now his company (priced in gold) is on the BRINK of a CRITICAL breakdown.
#jpmorgan #gold #money #fiat #inflation #banks
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...
Played OTM NOV20 calls when NYSE:JPM FTFC flipped to green.
Loads of #TheStrat elements now in this chart a week and a nice +130% later.
Exited above the top of the tri (18 m's) after opening, when price stopped going higher and started to reverse.
Broadening formation: higher highs, lower lows, higher highs. See how it took out 3 weekly pivots (in blue)...
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...
JPM Earnings and Buying Opportunity
Bloomberg Markets: "JPMorgan posts another quarter of record net interest income and boosts its forecast for the year as it benefits from higher interest rates and its purchase of First Republic Bank"
Daily Closing above 148 $ may trigger the bullish PA.
Targets : 150 $ 153 $ 159 $
The commercial bank JPMorgan tested the Tokenized Collateral Network (TCN) system for tokenizing collateral, conducting a real transaction between the financial giants BlackRock and Barclays.
TCN converted shares of one of the investment funds into corresponding tokens, which were then used as collateral for an over-the-counter derivative deal between the two...
The chart is very explicit. Price is forming an inverse HS at the trendline support. It can break out at any moment, today, tomorrow but soon. Even if the price is pushed back I wouldn't close the position. That trendline is very strong and most likely to try go higher again.
![JPM: JPM - Falling Trend Channel [MID-TERM]](https://s3.tradingview.com/8/8sDcBZ5z_mid.png "JPM - Falling Trend Channel [MID-TERM]")
