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Jpmorgan

WELLS FARGO and JPMORGAN CHASE UPDATE. I told you guys I couldn't afford two trades going against me. Am I worried about my WFC bull spread? A little. NOT because I think WFC is on a downward spiral BUT because I don't know if it'll get in my range in time (53ish). It won't stay down for long that I do know. I just hope it does it in time. I have a lot of trades going against me. WFC, HLF, and EBAY (I got into it by accident, LONG STORY) but anyways i'm optimistic about all of my trades (maybe not EBAY, i'm neutral on it by the way) we shall see. So far I got two winner trades this year. URBN and LULU. I'm going to keep on keeping on. Atleast I knew JPM was going down on earnings. I did underestimate WFC though but it wasn't slaughter. JPM's hit was a bit more blunt and I also expect JPM to go up, even faster than WFC although I know banks follow eachother, but WFC can't catch a break. NOT LIKE THEY DESERVE IT!! THEY WONT EVEN HIRE ME! haha
NYSE:WFCLong
by Tapia
JP Morgan's Ethereum 7:30pm March 24 #NeverForgetETH 7:30pm 3/24 #NeverForget #failedpump I heard a lot of talk about thin books. But all I see was mad buyin, no selling which means a one sided market. Failed Pump in my view until proven otherwise. And I need more than a link to a ordersheet that only reinforces my view that JP Morgan has jumped the shark with their support of ETH. I think they saw an opportunity with Bitcoin prices falling, to jump on the surge in AltCoins. They've shown their hand. No need to fight it, it is what it is. They have their Panama Canal of Crypto, and they will do what JP Morgan has always done. Win.
by allthemoneys
2
JP Morgan remains strong - outperforming SP500The underlying bullish trend remains intact, as prices post new highs. Momentum studies are already overstretched, however, but downside risks are likely to remain limited as monthly studies remain strong and investors maintain a buy-into-dips strategy. JP Morgan is also outperforming the SP500, and as a proxy for the broader based US Financials Sector, asset managers are likely to maintain an overweight stance in this sector.
NYSE:JPM
by Michael_Macdonald-XATSUK
Barclays PLC GETTING READY TO FILE BANKRUPTCY BY 2022From 2007 high it is going down trend. And now in near future it will re-test the 2009 low around $2.75.(see green line in the chart) If it fails to hold then BCS will go pennies on the dollar. Though you might have missed the maximum profit ratio by shorting but still you guys have some hope as it is only trading around $8 range and soon it will free fall. Good luck to you all. It will be a painful as those trickling down might take some time.
NYSE:BCSShort
by sum1
6
JP MORGAN CHASE - Trading the S/R Levels and Zones JP MORGAN CHASE - Trading the S/R Levels and Zones Trading Rules: All S/R Zones has power to reverse the trade, but once broken with a closing candle Support zone will become Resist zone, and Resist zone will become Support zone. Only trade when levels in zones are touch for the first time with a 1 hour engulfing candle to confirm the reverse. Do Not chase price, let the price come to the S/R zones before entries. S/R levels between zones can be use as Take Profit or stop lost location.
NYSE:JPM
by KaKeungChoi
1
JP MORGAN CHASE - Trading the S/R Levels and Zones JP MORGAN CHASE - Trading the S/R Levels and Zones Trading Rules: All S/R Zones has power to reverse the trade, but once broken with a closing candle Support zone will become Resist zone, and Resist zone will become Support zone. Only trade when levels in zones are touch for the first time with a 1 hour engulfing candle to confirm the reverse. Do Not chase price, let the price come to the S/R zones before entries. S/R levels between zones can be use as Take Profit or stop lost location.
NYSE:JPM
by KaKeungChoi
2
JPM - Possible ShortJPM has declined from a double tops formation which is marked by two horizontal blue lines at approximately 70 and 68.5. Based on this formation, we would expect a new resistance level to be established at approximately 60, which has been the case thus far in 2016. At the moment JPM is flirting with this line at 59.76 which brings up the question of whether it can break its resistance level or if it will decline again. There's little to indicate that it should continue upward in a bullish manner. First note the expected decline from its recent double tops. This is the first price range shown on the chart, declining 14.31% from the resistance at 60. In actuality, the price never declined more than 11.09% (the second price range shown on the chart). This is a weak indicater that more bearish behavior is possible - albeit a weak one as its not at all uncommon for a reversal to miss a price target. Second we can examine the volume, which is at 20.929M shares today against a moving average of 24.179M. Volume over the past several days has failed to increase significantly and show strong buying pressure, despite a jump in price. This suggests little moment behind the move. Third , we can look at the last time the stock tried to reach its resistance level. On a similarly abrupt spike and on similar volume, it crashed dramatically almost immediately after and set a new low. In terms of evidence favoring a bullish move, I should point out that there is a stubby little head and shoulders bottom pattern that appears from mid January until now. I do not believe this is a valid formation based on the nature of the head (you can examine JPM using candlesticks and see its a single outlier), volume spikes that are inconsistent with the formation, and its uncharacteristically short duration (though head and shoulders certainly do appear over short timeframes, I'm wary of them without strong confirming indicators). Overall I think that while its possible (especially if the market on the whole surges) that the stock moves up from here, it is most likely that JPM will fail to pierce its resistance level and will decline to approximately 57 , possibly even setting a new low as it did the last time it approached resistance.
NYSE:JPMShort
by tapkcir