JP Morgan ChaseLong
Bullish despite risk of a second wave!
Welcome to an analysis afer a three-months-break.
This Time: JPMORGAN CHASE & Co.
Technical:
Flag: Bullish
Fib: 50% Retr. -> Bullish
RSI: Bulllish
MA 200: Bullish
Fundamental:
I have to admit that my concerns concerning a second wave of coronavirus where quiet big. But i personally think that even if there will be a second wave (small chance) that most of the traders worldwide will consider it as not that dramatic because the government gained experience.
And they just think that the coronavirus isn't that devastating.
Best Regards
Christian Georgi
(Sorry for any writing mistakes!)
This Time: JPMORGAN CHASE & Co.
Technical:
Flag: Bullish
Fib: 50% Retr. -> Bullish
RSI: Bulllish
MA 200: Bullish
Fundamental:
I have to admit that my concerns concerning a second wave of coronavirus where quiet big. But i personally think that even if there will be a second wave (small chance) that most of the traders worldwide will consider it as not that dramatic because the government gained experience.
And they just think that the coronavirus isn't that devastating.
Best Regards
Christian Georgi
(Sorry for any writing mistakes!)
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.
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.