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JPM

Watch for JPM dip to $142Full disclosure...I believe that JPM's recovery from the COVID crash occurred for 1 of 2 reasons, maybe both: 1) They're too good at making money (or not losing it). 2) They're cheating. There are two concerning trends that I would like to point out with this analysis. I'm more inclined to believe the latter due to precedence, which increases the long-term risk for big dips. Yes, they will recover from any selloff, however, this is the reason that I do not like JPM long. The news regarding the soccer super league that would be financed by JPM is a big reason for the dip we are seeing now. Reports (credibility unknown) show that soccer fans are boycotting the bank for all the wrong reasons. If the stock breaks the lower boundaries of the wedge, I can see a selloff to a sub $145 region, which would provide a great buy opportunity, with a $163 price target in mind. The same goes for the upper limits of the wedge. The Head and Shoulders pattern gives me some worry about the possibility of breaking $150, before going below $145. Bold predictions as usual... JPM options usually prove to be extremely lucrative I believe that they are currently overvalued (especially at $160), I would love to hear some reasons for an oppositional opinion. *Share your thoughts and concerns with my views! **Not a financial advisor. ***Don't judge me on my winners. Judge me on my losers, because there are so few.
NYSE:JPMShort
by kambach
2
Super League Controversy Creates a Trading Opportunity on JPM The proposal for the formation of a new "Super League" by a breakaway group of top-tier football clubs in Europe has stirred quite the polemic over the past several hours, especially after the name of the U.S. bank JPMorgan was thrown into the controversy. Leading clubs from England, Italy, and Spain, announced their intentions to create a new competition comprising of some of the world's richest clubs, such Manchester United, Real Madrid, Juventus, and Barcelona, which was the primary cause of the commotion. The announcement was followed by an immediate outcry from fans denouncing the proposal, viewing it as nothing more than a cash-grabbing idea. It was later revealed that JPMorgan was to finance the Super League with more than $4 billion, helping organise it using an American-style model used in the NFL and NBA. Account Go Premium Analysis Journal Markets Shark Radar Trading eBook Mission Search by Tag Terms & Conditions Risk Disclaimer Privacy Policy Contact us Sign out Profile Settings Subscription Billing History Search by Tag Terms & Conditions Risk Disclaimer Privacy Policy Contact us Go Premium Analysis All Forex Commodities Indices Stocks P&L History Journal Markets Shark Radar Trading eBook Mission Markets Breakdown of the latest developments on the global exchanges Apr 21, 2021, 8:52 AM GMT #StockMarket JPMorgan's Super League Gamble Backfires After Severe Outcry from Fans JPMorgan's Super League Gamble Backfires After Severe Outcry from Fans Chelsea Supporters Protesting the Super League. The proposal for the formation of a new "Super League" by a breakaway group of top-tier football clubs in Europe has stirred quite the polemic over the past several hours, especially after the name of the U.S. bank JPMorgan was thrown into the controversy. Leading clubs from England, Italy, and Spain, announced their intentions to create a new competition comprising of some of the world's richest clubs, such Manchester United, Real Madrid, Juventus, and Barcelona, which was the primary cause of the commotion. The announcement was followed by an immediate outcry from fans denouncing the proposal, viewing it as nothing more than a cash-grabbing idea. It was later revealed that JPMorgan was to finance the Super League with more than $4 billion, helping organise it using an American-style model used in the NFL and NBA. JPM closed yesterday's trading session with a loss of 2.21 per cent, and as can be seen on the 4H chart below, bearish pressure keeps mounting. The price action is developing a major Descending Wedge pattern, which typically entails likely uptrend continuation. However, the latest developments could change that. After having broken down below the 100-day MA (in blue) yesterday, the share price is currently testing the lower boundary of the Wedge. If it gets broken as well, then JPM could tumble as low as the major support level at 140.00. The latter is currently converging with the 200-day MA (in red), making it an even more prominent price level. In contrast, the broader bullish trend could still survive, but the share price would have to rebound immediately and then break out above the upper boundary of the Wedge. In case that the price does indeed manage to complete the Wedge, it would then be able to test the all-time record resistance level at 160.00.
NYSE:JPM
by Trendsharks
$JPM Before earningsJPM 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 trend to the upside, especially the Stoch RSI. There is a slight bearish divergence on the Ichimoku indicator that is showing near term bearishness. I like this setup to retest the highs at or after ER.
NYSE:JPMLong
by Modus777
Bitcoin, Buy, Sell, or Hold? That’s the question?IMO, we are in the most critical days of Bitcoin rally. We should consider all the possibilities..! Why? Because at the end of the past bullish rallies Bitcoin experienced a massive correction of 83-86%..! What makes it more interesting is that Bitcoin corrected -27 to-35% just in the first month. At this moment I believe Bitcoin is not either a buy or sell. For those who have it in their portfolio it is a clear hold, but for those who don’t , it is better to watch it for a clear breakout! Which side, up or down? At this moment, I believe no one can answer the question! I believe the bearish case is more probable! Why? Because: Bitcoin with +1.1 Trillion market cap is - 6th biggest tradable asset after Alphabet - is bigger than the first 3 biggest banks combined JP Morgan Chase (433B) + Bank of America (306B) + Industrial & Commercial Bank of China (290B):1.029 Trillion What is your prediction? Upward Or downward Breakout? It could be interesting for you if you check my Tesla analysis with the same title..! Moshkelgosha
BITSTAMP:BTCUSD
by Moshkelgosha
12
JPM (NYSE) - Bullish Trend Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do nothing if u see opportunity - Evaluate and upgrade your trading plan Execution Strategy : - Know what you want to buy, see the Fundamental - Decide that you are on investing or speculating - Consider what your strategy based on Investing/Speculating - Make Road Map Of Your Trading Plan - Decide a. Entry strategy b. Cut loss c. Target of Profit Post Trading : a. Do not be sad if you loss or do not be very happy if you win b. Just become a normal without emotion, Do not put emotion into your trading c. Evaluate your trading d. Keep on Learning e. Be Humble Idea : JPM (NYSE) - Bullish Trend Note : 1. This is just a road map 2. After u know the rod map, u need to decide what is the entry strategy, and exit strategy where we do not explain here. if u will know more, let send us message 3. If your information/knowledge is intermediate, it is very dangerous to do trade.
NYSE:JPM
by MultiAssetX
JPM (NYSE) - Bullish TrendGreetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc Strategy - Please care for Money Management - Have a good psychology - Do not be hurry to open position - Evaluate and upgrade your trading plan Analysis JPM (NYSE) - Bullish Trend
NYSE:JPMLong
by MultiAssetX
4
JPM Bearish to 150 areaIf you look at JPM on a Weekly chart its at the upper end of the range... On the hourly this is the third time it's attempted to break above 155 Options open interest is centered around the 150 level Like to see JPM back towards the support level Could see a scenario where rates cool off...banks pull back and tech catches a bid...little rotation action maybe in the cards Funny to watch both banks and big tech suck-up so hard to those in political power
NYSE:JPMShort
by Tidal_0BX
XLF shooting star top of channel $BAC $WFC $CIT $JPM $XLFtop of channel / ABC or WXY complete from march lows after triangle breakout in late oct/early november. shooting star weekly. please post and correct me but zooming out i think its 5-3-5 ABC for W (2009 low to jan 2018) into an X wave and now completed X within WXY of the X macro..startin Y down to finish macro X. August 20 $23P on $BAC for me but this thing might take longer than I expect considering W (within macro X of WXY from 09 low) went from jan 2018 - march 2020
AMEX:XLFShort
by Drunkmonk
9
Finance sector industry getting momentum!Stocks usually moves in clusters, and it is obvious that finance sector becomes hot since last week. If you check the last week performance of the companies over 100 Billion market cap, soon you will notice 5 out of the first 10 best performance belongs to Finance sector. Interestingly, Wells Fargo ( check my WFC analysis published on Feb 16th) was the best performer and the only one with double digit return in a week among 88 companies with over 100 billion market cap..! This types of analysis and results can help you differentiate a true analyst from crooked pumpers..! Moshkelgosha
NYSE:SCHWLong
by Moshkelgosha
3
The Behavioral Selling that Could Occur with JPMThe extreme space between support and resistance levels could trigger a behavioral risk with this equity. The impact that these big financials carry for the market and their importance for the overall security of the markets is critical right now. The extreme gaps of support and resistance leaves one to question, "Where can I safely enter?" There isn't much under the chart. The magnitude of the drop could be devastating and go beyond fundamental reasoning...
NYSE:JPM
by Patrick_Jarvis
JPM short trade updated chartHere 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 is likely once it gets there. I expect a gap down tomorrow and hitting that second target pretty quick given the current market posture. Around $104.50 seems like a good support and that seems like a pretty good swing target and which will be around 26% from the high. How bullish the overall sentiment is, I can see very quick rush to the exit once it turns. Have a good trade everyone, T.
NYSE:JPMShort
by TK0421