$JPM is now the time for the breakout?We seen a pretty powerful move in $JPM forming what looks to be a bull flag, can this pattern continue and breakout to the upside? I believe so with the possibilities of stimulus or vaccine news.
JPM
STONEX GROUP - While TD Ameritrade and E*TRADE have been bought for insane multiples, Stonex seems to be very under-reported. More than $20B in revenue for the QUARTER, but it trades at $1B market cap?
JPM 115posted a chart like this previously. Looks like a bull flag. Held well above 95. looking for that 100 break and then free run to the next resistance. Alerts are set. Banks are never going to fail so.... :)
long calls though
JPM contrarian earnings tradeJPM is coming out with earnings on Tuesday the 16th. A lot of people are HEAVILY bearish on financials. But how bad are the banks really when they are raking in money from the PPP programs? Not to mention all of the bad loans the Fed is taking off the books? We could see a big pop up after the earnings call. I will be out if nothing happens after earnings. Aug 100 and 110 calls.
Cheers,
-Sherem
JP Morgan (JPM) Estimated Earnings Q2 2020July 14, 2020 JPM will report Q2 earnings.
The chart above lists the estimates and includes a technical analysis.
BanksLike the airline stocks, big banks have all formed similar patterns leading into Monday. Funding seems to have shifted to the banks and airlines. Many banks will be reporting earnings this coming week, including JPM, WFC, Citi (not shown) on Tues. 7/14, USB and GS Wed. 7/15, and BAC, MS, and First National Bank (not shown) Thurs. 7/16.
JPMORGAN STOCK PRICE COULD NOT BREAK SUPPORT AT 91.40JPM stock price has been testing the support level at 91.40 & each time the level is tested, it is met with bulls. Last week Friday bullish reversal looks phenomenon with good volume accompany the rise in price. This is the time to push the price above 100 in the coming days...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
$JPM Earnings playJPM like $C is breaking out of its descending triangle to the upside with RSI breaking the trend as well.
Not advise just a play I’m taking.
Please like or follow I will make more plays in coming days.
Make money!
jpmjuyl 10: first day value higher
is it real buyer or just short
covering.
Any offer below 95.15 could
lead lower as it could just
be short covering from the 107.33 area.
$C Earning playFinancials all showing similar charts descending wedge broke trend with RSI ahead of earnings. just my opinion not advise. negative market direction can make this move much less desirable IMO.
JPM Breakout for earnings?Nice bullish wedge looking formation here. There was a lot of strong buying of banks during the rally today, across the board.
No idea if the bulls are right on this one, but we'll find out really soon!
JPM back to 100basically this channel that it is in wont be held forever. once it breaks out then it is taking off for a small gain of 8. play it smart and just monitor it.
Jpm 1 hora compresionEn TL bajista con target 88,50 que deberia cumplirse hasta 2/7. Luego deberia hacer un pullback a la zona de los 97
Si el 30/6 cierra x encima de 93,70 sale de la TL.
JPM Head and Shoulders SHORTLooks like a failed retest to me. Expecting to see low 80's as early as next week.
JPM Still shorttapping the underneath of the strong trend line that has formed
rising wedge has also formed
JPM chop doesn't look goodI am long financials medium term actually but $JPM churn doesn't look good. You might be able to load up on some cheap JPM shares soon!
