JPM - on weekly watch list for post-earnings trade
After the Feb-Mar drop in price, this stock has been in a rising consolidation since. Price recently broke red dashed support line and has come up near it.
After earnings, price can easily move $10 in either direction. One caution though, buyers could also come in on a price drop since this earnings may be weak but there is expectation for bank stocks to rise with inflation.
After earnings, price can easily move $10 in either direction. One caution though, buyers could also come in on a price drop since this earnings may be weak but there is expectation for bank stocks to rise with inflation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.