ABC/DPrice broke to the upside from a descending triangle. Has formed an ABC pattern and target is D. This pattern tends to reverse at D. Possible stop under C. C is at 142.65. Target 1 has been met. Not a happy candle today. No recommendation. Short interest is less than 1%.by lauralea0
JP MORGAN: The final buy signal.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 price increase (TP = 165.00). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope6
JPM - The banking crisis is not overBesides 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) PPO printing a bearish alert for the first time in its history at 6M (not shown) I think it will fall to the 0.786 retracement /400 monthly MA / previous top of 50$ minimum . It can go much lower as the MACD suggests, but a 70% is a common retracement for a JP Morgan bear trend and every time it enters a bearish market a retracement to its previous top and to the monthly 400 MA is a guaranteed target. I think this won't affect negatively the cryptomarket as some people suggest.Shortby ZerkaaloUpdated 2
JP-MORGAN, Moving In Massive Channel, Testing Remaining Levels!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 opportunities especially in the current crisis and the possible ongoing stock-market declines where many people saying it was just the beginning which we had seen in March. With an increasing fear of new corona-restrictions and the resulting declines in the stock market out of it, the vast major market like S&P or RUSSELL currently shows some bearish pressure which will increase when important support levels do not hold, I made an analysis on this which I recommend you to see when you do not see it already when going at my account and look at the analysis, furthermore we have with JPM a stock where I detected some meaningful signals at the moment which can determine the further outcome of the stock. As you can examine when looking at my chart is that JPM is trading in this huge huge possible bear-flag which is marked in blue in my chart where the stock already touched several times the lower and upper boundary of the channel and therefore confirming it. Technically this possible massive bear-flag is confirmed when the price crosses with a volatile and decisive move the lower boundary to the downside but before that scenario can be taken into consideration it is within a highly possible spectrum given that we see some up bounces before that happen to test the remaining resistance levels and confirm them, these will be once the Fibonacci-resistance levels you can see in my chart where the 50 % is an important and strong resistance which is also matching with previous mirror levels and furthermore the higher 23.6% resistance which is also matching with the upper boundary of this important channel and building, therefore, a coherent resistance cluster. which will be confirmed when there is bearish pressure on these levels. Overall we have currently a strong bearish environment for the stock and although the bank may have gained good profits with short selling in the bear market decline which also other smart investors and traders did it is showing that more bearish than the bullish picture which should not be ignored in any case, as many people called for the bear market already recovered and the bull market coming back and holding on now we should not be naive because there is no substantial fundamental backing for this, besides that no technical, therefore we should be prepared for a possible bearish decline and do not take the bull moves for face value as it can still be a huge bull-trap which is showing often after another big wave to the downside comes. We will see how the overall situation develops and back up the track when a decisive scenario like the possible bearish decline sets in to profit out of upcoming possibilities in the further market environment. In this manner, thank you for watching, support for more market insight, have a great day and all the best my friends! ;) The eye sees only what the mind is prepared to comprehend. Information provided is only educational and should not be used to take action in the markets.by VincePrinceUpdated 7757
JPM continuously negative for 6 weeksJPM 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 0.618 in the chart. Then, it has been continuously negative for 6 weeks, and its low point in the past two weeks has hit the top to bottom golden ratio of 1.382 in the chart! So in the future, just use the lowest point of the previous week as the watershed to determine the strength of JP Morgan's stock!by Think_More0
$JPM Weekly Long Swing 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 week of Aug. 21' (Untested Low $145.46) CONTACT ME FOR ACCESS TO THE INDICATOR/SCREENERLongby jeanius_tech1
JPM PT $138.00H&S FORMED. PT $138 BY THE END OF SEPTEMBER. $150/149 has been rejected multiple times and current financial news will not help banks.Shortby BearPutsUpdated 2
JPMorgan Chase (JPM): Emergence of Rounding Top Pattern Signals After a detailed analysis of JPMorgan Chase (JPM) stock chart, a Rounding Top pattern has been identified. This pattern, resembling a curve or dome at the top, is typically a bearish signal indicating a potential shift from an upward trend to a downward one. The formation of this pattern suggests that after a period of bullish momentum, the stock is losing strength and might be gearing up for a downward reversal. Conclusion: Given the emergence of the Rounding Top pattern on JPM's chart, investors should proceed with caution. It's advisable to consider defensive or protective strategies for current positions and stay alert for further confirmations of this bearish trend. As always, it's essential to combine technical analysis with other relevant indicators and news before making investment decisions. Article: An analyst at Fitch Ratings has issued a warning that U.S. banks, including JPMorgan Chase (JPM), might face downgrades if the agency further reduces its assessment of the operating environment for the industry, as reported by CNBC on Tuesday. In June, Fitch downgraded the U.S. banking industry's "operating environment" score from AA to AA-, pointing to pressures on the nation's credit rating, regulatory framework gaps, and uncertainties regarding future interest rate hike trajectories. A further one-notch downgrade, moving from AA- to A+, would compel Fitch to reassess ratings for each of the over 70 U.S. banks it evaluates, as stated by analyst Chris Wolfe to CNBC. Earlier this month, lenders were shaken when Fitch's counterpart, Moody's, downgraded 10 mid-sized U.S. banks and hinted at potential rating cuts for several others.Shortby BRyAN8800Updated 5
JPM -- shortI was looking for some short exposure for next week, and landed on JPM on my target. My rationale: I expect that some of the pre-holiday cheer will turn to hangover by next week. JPM is at the upper edge of its declining 1-month trading channel There's a highly predictive broken triangle pattern DXY is zooming today, without anyone paying much attention, and could easily take out the 5/31 high of 104.70. This would likely come as a reaction to bad news from China, and could translate into increased domestic recession fears in the US. I already have a lot of financial long exposure and can use a bit of short-term protection. My target is 145, and my SL is at 149. As these targets are very close to the current price, I will express this with a short term vertical put spread. But, as always, this is not a recommendation to buy or sell. Please do your own research. I welcome your opinions in the comments.Shortby matthiasUpdated 4
JPM - "you look poor"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.by the_sunshipUpdated 1111
JPM Entry, Volume, Target, Stop 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 Longby tradepatientlyUpdated 4
Will JPM continue to rise?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 higher. The bias is to break to the upside. Our profit targets will be 157.72 and 159.72 Resistance: 150.10 / 153.00 / 155.50 Support: 147.50 / 145.46 / 144.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune GroupLongby VantageMarkets1
📈📊 #ChartPattern Alert! 📈📊 📈 Rising Wedge 📈📈📊 #ChartPattern Alert! 📈📊 📈 Rising Wedge 📈 📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower highs (upper trendline). Draw another trendline connecting at least two lower lows (lower trendline). 📈 What it Signals: The Rising Wedge suggests a potential bearish reversal, with sellers prevailing at lower highs within the wedge. It often forms during uptrends and can precede a significant price move to the downside. 📈 Trade Strategy: Consider short-selling or setting stop-loss levels if the price breaks below the lower trendline of the Rising Wedge. Set profit targets based on the pattern's height subtracted from the breakdown point. Implement a stop-loss to manage risk in case of a false breakdown. Remember to use other technical indicators and conduct thorough research to support your analysis before making any trading decisions. Happy charting and trading! 📉💹 by RaffDN3
JPM Stock shortThis is on of the first stocks that Im a shorting and this is a very clear short as H4 and daily are overbought with a lot of divergence. There is no way to check for a pattern but I believe with all the divergence and the consolidation, this stock should crash in the coming weeks. Also, their quarter earnings report is due on October so it should crash by then. Shortby JD_TeenTrader3
Retested and moving up to $160Daily 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 Longby trieutvUpdated 2
An opportunity to buy JPMorgan stockHi, according to my analysis of .jp morgan stock. There is a fantastic long term investment opportunity. Especially with the price breaking the resistance area at the level of 144. Likewise, the stock exited the sideways channel. We also notice a rising channel as shown in the analysis. good luck for everbody .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank youLongby inv_market09Updated 227
Bearish Outlook for JPM: Double Top Pattern Identified.In our recent analysis of JPM, we have identified a Double Top pattern, which is commonly recognized as a bearish signal. This pattern could indicate that we are about to see a short-term trend reversal. We recommend a limit sell order at $156.79, with a sell target at $152.89. This range provides an attractive opportunity for profit, as long as risk is managed appropriately. As always, we advise traders to use stop losses and make decisions based on their own research and risk tolerance. Remember, stock market trading carries risk and you should never invest more than you are willing to lose. Happy trading!Shortby BRyAN8800Updated 2
JPM will perform! Triangle BreakoutHi mates, Sharing daily chart of JP Morgan as we can see price is looking in uptrend (higher highs and higher lows) and now breaking a horizontal resistance it seems a triangle breakout in it so i am planning to go long in targets shared on chart all targets are resistance based. A breakout retest strategy i am keeping in mind too for this execution which is near about to 148 price. what are your views please share in comment box, much awaited thanks in advance. KINDLY NOTE-: This is not and trade or investment advice. This publication is meant for only learning purpose. Regards- AmitLongby AMIT-RAJANUpdated 121226
JPMJPM price will go a bit higher then price will fell down to 130.30 then start climb up to 168.90...Shortby hosisa4
$NYSE:JPM waiting for breakoutNYSE:JPM Let's see how it goes. Waiting for breakout and retest.Longby nmatigaUpdated 0
JPM long will go to 370$ and Higher 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 strong guidance for the next quarter and full year. I have explained 2 bullish scenarios,1 bearish(worse case). Bullish: higher highs higher lows poc uprising volume increasing capital flow rising In case the Take profits hit, and we have increased volume, I will ride the trend. I will only take profit 10% of the JP Morgan portfolio and let the profit run. Exit :Stop loss or trend change signal The mid and long term horizon is bullish. If any Profit taking level reaches, and trend continuation is signalizing that the uptrend will be continued, I will increase agressively my positions and take only 10% profits of each position.I will let the prfoits run. This trade setup is only for trend followers and on daily TF. Longby DaveBrascoFXUpdated 3
Bearish Alert : JPMThe 15 minutes shows another bearish alert. The previous ones all failed without a proper combo showed up. Right now on top of this trend, there is a small symmetrical wedge with a new test of the ema 21 to the ema 50. A possible break down may bring to a healthy pullback.Shortby TizyCharts0
JPM JPMORGAN CHASE & COThere was an attempt to break through a certain level, accompanied by significant trading volume. However, the price pulled back slightly from that level. Currently, we are seeing another attempt to break through. If successful, this could lead to a potentially good trend in the market. TP1 149 TP2 158 SL 137 Longby Lazy-LizardUpdated 0