JPM trade ideas
jpm buy long termpreviuous published jpm trade was cancelled! but couldnt take it off here, hwo ever we had to wait for short prints to finish and decline in eps to be completed in the markets, now we go long term as planned with jpm
A very important ER and inside day for JPM and the marketJPM set to report its earning before the market opens today.
It closed as an inside day yesterday, and there are dual 0.618 and S/D combination
for the sell high @ 116 and the buy low @ 87.
Which, makes the direction of the inside day breakout very important!
Also, as the world suffers from coronavirus,
how do the earning reports perform under the strong pressure is the whole world's focus.
and JPM will be the one that ring the 1st bell!
Let's see how it goes yo, no matter where it breaks,
I'll be interested in some intraday trade with the direction it breaks.
JP Morgan AnalysisShort on JPM, still practicing fib spirals, may be for awhile, enjoying them. hope you guys enjoy..
Bullish 'Fib' wave in green, bearish in yellow
Top to bottom for bullish waves
Bottom to top for bearish waves ~Spirals
JMP technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 JPM technicaly based idea, technicaly indicators showing we can expect higher recovery phase, global economy is in slow phase of recovery, we can see price is near to break FIBO 0.382 in this case FIBO 0.382 is and support zone, expecting to see break ad higher push in price till FIBO 0.6 or till trend line.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
JP Morgan Hits Major resistance $JPM$104 is resistance
$109 next target on the break with 2 gaps to fill
$116 the ultimate test at fibonacci golden pocket
$JPM - long, strong seasonal bullNYSE:JPM - long, break and close above the triangle triggers bull seasonal play
$JPM Jp Morgan short term tradeRecovery rally or relief rally whatever this may be trade it level to level and keep stop losses tight and diligence, headlines are you enemy
JPMorgan looks resilient to recessionI read an interesting WSJ article this morning on JP Morgan. It seems that CEO Jamie Dimon believes JP Morgan can maintain its dividend even if GDP dips 35% this year. The bank has a large cash pile and a diversified portfolio because Dimon has long been designing JPM to be a "port in a storm."
www.wsj.com
JPM currently has a 4% dividend. It's possible that if you wait a while, the dividend yield will get even better. But 4% ain't bad, and if JPM believes it can maintain that, then this is probably the company to own in the banking sector right now. Also notice the positive signals on MACD and engulfing candle indicators.
JPM Elliot Wave Analysis by VIXtradersJPM. Primary bearish. For this to hold true, it must stay below the trendline on chart. Target is v = 78.
"JP Morgan: not looking good" by ThinkingAntsOk4H Chart Explanation:
- Price broke the Ascending Trendline and the Support Zone (now Resistance).
- It went down towards the next Support Zone and bounced from there.
- We expect price to retest it and, then, face a difficult zone on the Weekly Ascending Trendline.
Weekly Vision:
Daily Vision:
Updates coming soon!
JPM to Long, in Uptrend after FIB#38.2% retracementCondition:
1. Downtrend line was broken by breakaway Gap (G1).
Start a new trend.
2. double bottom reversal pattern in Weekly demand zone
3. Fib# 0.382 retracement,
4. demand zone.
Entry in demand Zone: below 92
Stop: 90
Target1: 97; risk/reward=1:3
Target2: 103; risk/reward=1:5
DZ2: This is a better demand entry, and match Fib# 0.618;
If it is a strong trend, It may not come to here.
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
JPMORGAN CHASE & CO (JPM) DailyDates in the future with the greatest probability for a price high or price low
Don't even touch itThe latest I heard is Boeing and AB InBev have drawn down big chunk of cash from the loan facility.
If this is the start of a trend, more cash will be going out of banks than coming in. Interest rate continues to head lower.
There are no positive catalysts for the banks.
Chart fest: Bad news and good news 6/7$JPM is an excellent example of the good news and bad news state we find ourselves in.
With zero interest rates, banks are doomed as I have highlight before. $JPM is a long way from a real trough.
However, the price action is sitting on a weekly SSR support and the $ESA is looking bouncy. Watch out if you are short.
Long term strategy - buy banks for dividendsIt's now possible to own bank stocks and have the dividend yields carry the investment - for example using a larger renegotiated mortgage or 2nd mortgage for financing. It is highly likely this arbitrage opportunity will provide a floor (downside resistance) and simply wait for the economy and markets to stabilize (cap gains). The Canadian banks are particularly attractive, but their is currency exposure for US residents.
