$JPM: Uptrend signal in the weekly
Updated
JPM has a very nice and tight reward to risk setup. Upside is substantial, and considering the recent turn of events logical. We likely see some rotation from growth to value next, and financials are looking like a beneficiary of the latest econ data prints.Best of luck!
Cheers,
Ivan Labrie.
Note
Decent start...
Note
Support held, if it holds and goes higher again the trend is valid.
Note
Very sluggish but still mostly ok perf...if it breaks out again it will accelerate higher.
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