A potential long position on JPM in a few days
Long position on JPM.
1.- Big buy of market makers with a lot of volume
2.- Price on the long-term trend line for the fourth time.
3.- RSI approaching the oversale area
Goal 1; Intermediate resistance at $ 92.55
Goal 2: Roof of the range at $ 94.03
Let's wait until the price get back into the range that should happen in less than 5 days.
1.- Big buy of market makers with a lot of volume
2.- Price on the long-term trend line for the fourth time.
3.- RSI approaching the oversale area
Goal 1; Intermediate resistance at $ 92.55
Goal 2: Roof of the range at $ 94.03
Let's wait until the price get back into the range that should happen in less than 5 days.
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.