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JPM trade ideas

JP MORGAN won't give a better buy opportunity in 2025.Last time we looked at JP Morgan Chase (JPM) on November 27 2024 (see chart below), it gave us a clear sell signal that went straight to our $236 Target: Now that the price rebounded not only on the 1D MA200 (orange trend-line) but also on the bottom (Higher Lows trend-line) of the long-term Channel Up, we are switching back to buying a we even got the first pull-back on the 1D MA50 (blue trend-line). Given that the 1D RSI also rebounded from oversold (<30.00) territory like the October 27 2023 Low did, we expect a similar Bullish Leg to follow and thus our Target is $330 at the top of the Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:JPMLong
by TradingShot
2
Potential Downtrend in JPMorgan JPMorgan Chase has rallied sharply in recent sessions, but some traders may see downside risk. The first pattern on today’s chart is the series of lower highs and lower lows since mid-February. JPM is returning near the top of that descending channel. Could another lower high result? Second, JPM is potentially stalling at the March 31 low of $237.36. Old support may have become new resistance. Third, prices are stalling around the 21-day exponential moving average. Next, economic sentiment has recently deteriorated. Mortgage rates are higher, consumer credit growth has slowed, business surveys have missed estimates and confidence measures have weakened. JPM responded by hiking loan-loss reserves in its latest quarterly report. Continuation of those trends may drag on the megabank’s fundamentals. Finally, JPM is a highly active underlier in the options market, trading about 125,000 contracts per session in the last month. (It ranks 18th in the S&P 500, according to TradeStation data.) That could help traders take positions with calls and puts. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options. Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com . TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:JPM
by TradeStation
JPMorgan Chase Reports Earnings Today, Topping Q1 EstimatesShares of JPMorgan Chase (NYSE: NYSE:JPM ) are currently up 3% in Friday's premarket session as the asset tops Q1 estimates. The company reported better-than-expected fiscal first-quarter results as big banks kicked off the new earnings season. The banking giant reported earnings per share (EPS) of $5.07 on revenue of $45.31 billion, each up from $4.44 and $41.93 billion, respectively, a year ago. According to estimates compiled by Visible Alpha, some analysts had expected $4.64 and $43.55 billion. It generated $23.4 billion in net interest income (NII), above the $23.00 billion consensus. Shares of JPMorgan were up 3% immediately following the release of Friday's report. They entered the day down roughly 5% year-to-date but up about 16% in the last 12 months. "The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and the potential negatives of tariffs and 'trade wars,' ongoing sticky inflation, high fiscal deficits and still rather high asset prices and volatility," JPMorgan CEO Jamie Dimon said. "As always, we hope for the best but prepare the Firm for a wide range of scenarios." Dimon wrote in his annual letter to shareholders this week that he expected the Trump administration's tariffs "will slow down growth." technical Outlook As of the time of writing, NYSE:JPM shares are already up 1.5% with the asset trading above the support point. A break above the 1-month high pivot could set the course for a bullish campaign eyeing the $260- $280 region. With the last close RSI at 46, NYSE:JPM shares has more room to capitalize on the dip and make a comeback prior the earnings beat.
NYSE:JPMLong
by DEXWireNews
JPMorgan at a Crossroads Bullish Surge or Bearish Retreat ? Hello, fellow traders! Today, I’m diving into a detailed technical analysis of JPMorgan Chase & Co. (JPM) on the 2-hour chart, as shown in the screenshot. My goal is to break down the key elements of this chart in a professional yet accessible way, so whether you’re a seasoned trader or just starting out, you can follow along and understand the potential opportunities and risks in this setup. Let’s get started! Price Action Overview At the time of this analysis, JPM is trading at 243.62, down -1.64 (-0.67%) on the 2-hour timeframe. The chart spans from late March to early May, giving us a good look at the recent price behavior. The price has been in a strong uptrend, as evidenced by the higher highs and higher lows, but we’re now seeing signs of a potential pullback or consolidation. The chart shows a breakout above a key resistance zone around the 234.50 level (highlighted in red on the Volume Profile), followed by a retest of this level as support. This is a classic bullish pattern: a breakout, a retest, and then a continuation higher. However, the recent price action suggests some hesitation, with a small bearish candle forming at the current price of 243.62. Let’s dig deeper into the tools and indicators to understand what’s happening. Volume Profile Analysis The Volume Profile on the right side of the chart is a powerful tool for identifying key price levels where significant trading activity has occurred. Here’s what it’s telling us: Value Area High (VAH): 266.25 Point of Control (POC): 243.01 Value Area Low (VAL): 236.57 Profile Low: 224.25 The Point of Control (POC) at 243.01 is the price level with the highest traded volume in this range, acting as a magnet for price. Since the current price (243.62) is just above the POC, this level is likely providing some support. However, the fact that we’re so close to the POC suggests that the market is at a decision point—either we’ll see a bounce from this high-volume node, or a break below could lead to a deeper pullback toward the Value Area Low (VAL) at 236.57. The Total Volume in VP Range is 62.798M shares, with an Average Volume per Bar of 174.44K. This indicates decent liquidity, but the Volume MA (21) at 165.709K is slightly below the average, suggesting that the recent price action hasn’t been accompanied by a significant spike in volume. This could mean that the current move lacks strong conviction, and we might see a consolidation phase before the next big move. Trendlines and Key Levels I’ve drawn two trendlines on the chart to highlight the structure of the price action: Ascending Triangle Pattern: The chart shows an ascending triangle formation, with a flat resistance line around the 234.50 level (which was later broken) and an upward-sloping support trendline connecting the higher lows. Ascending triangles are typically bullish patterns, and the breakout above 234.50 confirmed this bias. After the breakout, the price retested the 234.50 level as support and continued higher, reaching a high of around 248.02. Current Support Trendline: The upward-sloping trendline (drawn in white) is still intact, with the most recent low around 241.50 finding support on this line. This trendline is critical—if the price breaks below it, we could see a deeper correction toward the VAL at 236.57 or even the 234.50 support zone. Key Price Levels to Watch Based on the Volume Profile and price action, here are the key levels I’m watching: Immediate Support: 243.01 (POC) and 241.50 (recent low on the trendline). A break below 241.50 could signal a short-term bearish move. Next Support: 236.57 (VAL) and 234.50 (previous resistance turned support). Resistance: 248.02 (recent high). A break above this level could target the Value Area High at 266.25, though that’s a longer-term target. Deeper Support: If the price breaks below 234.50, the next significant level is 224.25 (Profile Low), which would indicate a major trend reversal. Market Context and Timeframe The chart covers 360 bars of data, starting from late March. This gives us a good sample size to analyze the trend. The 2-hour timeframe is ideal for swing traders or those looking to capture moves over a few days to a week. The broader trend remains bullish, but the recent price action suggests we might be entering a consolidation or pullback phase before the next leg higher. Trading Strategy and Scenarios Based on this analysis, here are the potential scenarios and how I’d approach trading JPM: Bullish Scenario: If the price holds above the POC at 243.01 and the trendline support at 241.50, I’d look for a bounce toward the recent high of 248.02. A break above 248.02 could signal a continuation toward 266.25 (VAH). Entry could be on a strong bullish candle closing above 243.62, with a stop-loss below 241.50 to manage risk. Bearish Scenario: If the price breaks below 241.50 and the POC at 243.01, I’d expect a pullback toward the VAL at 236.57 or the 234.50 support zone. A short position could be considered on a confirmed break below 241.50, with a stop-loss above 243.62 and a target at 236.57. Consolidation Scenario: Given the lack of strong volume and the proximity to the POC, we might see the price consolidate between 241.50 and 248.02 for a while. In this case, I’d wait for a breakout or breakdown with strong volume to confirm the next move. Risk Management As always, risk management is key. The 2-hour timeframe can be volatile, so I recommend using a risk-reward ratio of at least 1:2. For example, if you’re going long at 243.62 with a stop-loss at 241.50 (a risk of 2.12 points), your target should be at least 248.02 (a reward of 4.40 points), giving you a 1:2 risk-reward ratio. Adjust your position size to risk no more than 1-2% of your account on this trade. Final Thoughts JPMorgan Chase & Co. (JPM) is showing a strong bullish trend on the 2-hour chart, with a confirmed breakout above the 234.50 resistance and a retest of this level as support. However, the recent price action near the POC at 243.01 and the lack of strong volume suggest that we might see a pullback or consolidation before the next move higher. The key levels to watch are 241.50 (trendline support), 243.01 (POC), and 248.02 (recent high). For now, I’m leaning slightly bullish as long as the price holds above 241.50, but I’ll be ready to adjust my bias if we see a break below this level. Stay disciplined, manage your risk, and let the market show its hand before taking a position. What are your thoughts on this setup? Let me know in the comments below, and happy trading! This analysis is for educational purposes only and not financial advice. Always do your own research before making any trading decisions.
NYSE:JPMLong
by wolfchemist
US Banks on Fire | Revenues Soar, and So Do the ProfitsWho Needs a Recession? Banks Are Swimming in Cash! The largest U.S. banks have reported some of their best quarterly performances in recent years, with surging trading revenues, a resurgence in dealmaking, and an overall renewal of corporate confidence playing pivotal roles. Let’s break down the key details of the results. Market Recovery Across the major banks, investment banking and trading activities recorded impressive performances. Goldman Sachs saw investment banking revenue increase by 24%, while Bank of America (BofA) experienced a massive 44% jump, marking its strongest quarter in three years. The market volatility stemming from factors like the U.S. election and changing expectations around interest rates continued to fuel robust trading revenues. Morgan Stanley’s equities division, for example, reached an all-time high, while JPMorgan and Goldman Sachs enjoyed notable gains in fixed-income trading. A surge in CEO optimism has led to an uptick in mergers and acquisitions (M&A), initial public offerings (IPOs), and private credit demand. Morgan Stanley, in particular, is seeing the largest M&A pipeline in seven years, signaling a sustained wave of dealmaking. Mixed Results for NII Net interest income showed varying results across the banks, but forward guidance indicates that NII will likely see moderate growth in 2025, spurred by continued loan demand and higher asset yields. Credit Risks on the Rise Consumer lending pressures have persisted, with JPMorgan’s charge-offs rising by 9%. Many banks are preparing for a further increase in delinquencies, particularly in credit cards. Commercial Real Estate Challenges While the office sector remains under stress, banks are managing their exposures cautiously and have yet to face significant shocks in this area. Regulatory Scrutiny Continues Citigroup lowered its 2026 profitability target as it undergoes a transformation, while Bank of America faced increased scrutiny over its anti-money laundering compliance. Resilient U.S. Economy Banks are reporting strong consumer spending, loan growth, and corporate profitability, which supports an optimistic outlook for earnings growth heading into 2025. Performance Breakdown for Each Bank JPMorgan Chase - JPMorgan posted a record annual net income of $58.5 billion, marking an 18% increase from the previous year. - Investment banking saw a 46% surge in revenue, driven by strong advisory and equity underwriting. - Trading revenue climbed by 21%, led by a 20% increase in fixed-income trading. - Despite the impressive results, JPMorgan is still facing challenges such as rising charge-offs and pressures on loan margins. CEO Jamie Dimon emphasized concerns about persistent inflation and growing geopolitical risks. Bank of America - BofA experienced an 11% year over year growth in revenue, reaching $25.3 billion, with net income up 112% from the previous year. - The investment banking division saw a dramatic 44% rise in revenue, the highest in three years, thanks to strong debt and equity underwriting. - Trading revenue grew by 10%, driven by solid performance in fixed income (up 13%) and equities (up 6%) as market volatility spurred client activity. - BofA also reported growth in its consumer and wealth management divisions, with credit card fees and asset management showing strength. Client balances grew to $4.3 trillion, a 12% increase from the previous year. - After several quarters of decline, BofA’s NII grew by 3%, exceeding expectations and signaling stability. The bank expects NII to continue rising through 2025, with projections of $15.7 billion per quarter by the end of the year. Wells Fargo - Wells Fargo’s revenue remained flat at $20.4 billion, but net income surged by 50%. - NII declined by 8% year-over-year but is expected to rise slightly in 2025 due to higher reinvestment rates on maturing assets. - The bank made significant progress in cost-cutting efforts, reducing non-interest expenses by 12%, thanks to workforce reductions and efficiency initiatives. - Investment banking fees rose by 59%, benefiting from the broader market recovery and the bank’s renewed focus on its Wall Street presence. - Wells Fargo returned $25 billion to shareholders in 2024, including a 15% dividend increase and $20 billion in stock buybacks. However, the bank continues to face regulatory constraints, notably the asset cap imposed by the Federal Reserve. - Looking ahead to 2025, Wells Fargo anticipates modest growth in fee-based revenue, with cost discipline and efficiency gains driving improvements. Morgan Stanley - Morgan Stanley saw a 26% increase in revenue, reaching $16.2 billion, while net income soared by 142%. - Equity trading revenue jumped by 51%, setting a new all-time high as market volatility sparked increased client activity, particularly in prime brokerage and risk-repositioning trades. - Investment banking revenue grew by 25%, fueled by strong demand for debt underwriting, stock sales, and M&A activity. CEO Ted Pick noted that the M&A pipeline is the strongest in seven years, signaling a potential multi-year recovery in dealmaking. - Morgan Stanley’s wealth management division saw $56.5 billion in net new assets, increasing total client assets to $7.9 trillion. The firm is pushing toward its goal of $10 trillion in assets under management. - In response to growing business complexities, the firm launched a new Integrated Firm Management division to streamline services across investment banking, trading, and wealth management. Goldman Sachs - Goldman Sachs experienced a 23% increase in revenue, reaching $13.9 billion, while net income more than doubled, up 105%. - Record performance in equity trading contributed to a 32% increase in revenue from this segment, as market volatility drove greater client activity. - Investment banking revenue grew by 24%, boosted by significant gains in equity and debt underwriting. - The firm’s asset management division saw an 8% rise in assets under management, reaching $3.1 trillion, while management fees exceeded $10 billion for the year. - Goldman is winding down legacy balance-sheet investments but also saw a gain of $472 million from these investments in Q4. The firm’s recent launch of its Capital Solutions Group is aimed at capturing growth opportunities in private credit and alternative financing. Citigroup - Citigroup posted a 12% increase in revenue, reaching $19.6 billion, with non-interest revenue surging 62%. - Fixed-income and equity markets were key drivers, growing 37% and 34%, respectively, as market volatility tied to the U.S. election boosted performance. - Investment banking revenue climbed by 35%, supported by strong corporate debt issuance and a pickup in dealmaking activity. - The bank unveiled a $20 billion stock repurchase program, signaling confidence in future earnings. - Citigroup also made strides in controlling operating expenses, which declined by 2% quarter-over-quarter. However, the bank lowered its 2026 return on tangible common equity (RoTCE) guidance to 10%-11% due to the costs of its ongoing transformation. - CEO Jane Fraser emphasized Citigroup’s long-term growth trajectory, noting improvements in credit quality and continued progress with the strategic overhaul, including the postponed IPO of Banamex, the bank’s Mexican retail unit, now expected in 2026. Long story short Heading into 2025, the major U.S. banks are in strong positions, buoyed by a favorable economic backdrop, continued growth in trading, and a rebound in corporate dealmaking. Despite challenges such as rising credit risks, regulatory hurdles, and potential macroeconomic uncertainties, the outlook remains positive. With a recovering IPO market, continued wealth management growth, and strong trading revenue, the banks are poised to capitalize on the renewed corporate optimism. The key question will be whether the dealmaking frenzy continues or whether uncertainties in the global economy and market dynamics could temper the rally.
NYSE:JPMLong
by moonypto
JPM Technical Analysis: Earnings Catalyst & Deregulation Boost Context & Market Overview I'm extremely bullish on JPMorgan Chase ( NYSE:JPM ) right now—lots of bullish catalysts are aligning: - Major deregulation is underway: - Consumer Financial Protection Bureau dismantled ✅ - Trump's regulatory pivot pre-earnings ✅ - FDIC Acting Chair set to push further deregulation ✅ - Potential Powell pivot (interest rates) in May/June? ❓ - Upgrades by Wells Fargo and Goldman Sachs ($280-$300 Price Targets) Jimmy Dimon is getting superhero-like credit for possibly influencing policy decisions just by his appearance on Fox News! JPM feels like the "Nvidia of finance," positioned strongly amidst this policy pivot. Weekly Chart JPM is recovering with overhead resistance to monitor closely: - Resistance Zones: - Initial Resistance: $247.75 - $250.00 - Secondary Resistance: $264.00 (Best Price Short) - Immediate Support Zones: - Primary Support: $231.50 - $234.30 - Gap Fill Support: Around $228.00 Trading Scenarios Bullish Scenario (strong deregulation + earnings optimism): - Entry Trigger: Confirmed bounce and support around $231.50 - $234.30 or gap fill at $228.00. - Profit Targets: - Target 1: $247.75 (initial resistance) - Target 2: $264.00 (next bullish target) - Stop Loss: - Below $227.00 to manage downside risk carefully. Bearish Scenario (earnings miss or negative surprises): - Entry Trigger: Breakdown and confirmed close below $227.00 (gap-fill level). - Profit Targets: - Target 1: $215.25 (previous support) - Target 2: $199.00 (major support level) - Stop Loss: - Above $234.50 to protect against bullish recovery. Personal Trade Idea Thinking of using call options dated between April 25th to May 2nd to capture potential moves without overly tight expiry pressure—same-day/week options have been challenging for my portfolio. This looks compelling, especially if JPM’s deregulation tailwinds and earnings momentum play out. Final Thoughts The setup for JPM is highly appealing due to regulatory catalysts, earnings anticipation, and analyst optimism. Nonetheless, volatility remains high, so risk management is essential. This analysis is my personal view—posting to hold myself accountable! 📢 Disclaimer This content is for informational and educational purposes only. It reflects my personal opinion and is not financial advice, a recommendation, or an endorsement to buy or sell any security. All investments carry risk, and you should do your own research or consult a licensed financial advisor before making any trading decisions. Options involve significant risk and may not be suitable for all investors.
NYSE:JPMLong
by HispanicHedge
JP MORGAN: Perfect 1W MA50 rebound targeting $350. JP Morgan is neutral both on its 1D and 1W technical outlooks (RSI = 54.173, MACD = 7.520, ADX = 32.502), suggesting that it remains inside the best buy zone for the long term. As a matter of fact, having rebounded exactly on its 1W MA50, this is the best buy opportunity since October 23rd 2023, which was the last time it hit the 1W MA50. As shown, the long term pattern is a Channel Up and every contact with the 1W MA50 has coincided with a 1W RSI test of the S1 Zone. There is no better buy entry than the current level and we can safely aim for yet another +57.76% run (TP = $350.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYSE:JPMLong
by InvestingScope
JPM: Steady Growth with a Catalyst for Strategic Gains - Key Insights: JPMorgan Chase & Co's market activity underscores a period of controlled growth influenced by strategic financial instruments like the JP Morgan collar. This mechanism suggests a reduction in price volatility, offering investors an anchor amidst fluctuating markets. The magnetic effect of the collar helps moderate market rallies, securing a stable trajectory for JPM's share movement. - Price Targets: With a view toward a long position, here are the recommended targets and stop levels for the next week: - T1: $248.08 (2.67% above current) - T2: $265.79 (10% above current) - S1: $229.16 (5.16% below current) - S2: $217.47 (10% below current) - Recent Performance: JPM has demonstrated resilience through its strategic market engagements, especially with the installation of the collar at the 5565 strike price. This has created a gravitational effect, mitigating severe market moves and ensuring relatively stable growth patterns in the midst of broader market flux. - Expert Analysis: Market sentiment, echoed by experts, appreciates JPM's ability to maintain equilibrium in market excitement. The structured financial mechanisms that JPM employs act as a cautious yet optimistic roadmap for investors seeking stable appreciation. With the exertion of significant influence over financial indices, JPM's strategies are steering economic monitoring towards more predictable growth forecasts. - News Impact: While JPM maneuvers through the market, external factors like the downgrading of Tesla's price targets illustrate broader market adjustments to resolve risk perceptions and brand sentiments, which can subtly reflect on JPM's positioning. Such shifts in market expectations among high-stake companies further frame JPM's calculated approach to fostering enduring investor confidence.
NYSE:JPMLong
by CrowdWisdomTrading
JPM rally ending soon?My overall thesis is we are in the very early stages of a multi-year decline ultimately with the S&P 500 below 3500. I have been wrong many times before so I will just take this thing in stages and see if it plays out. After this massive decline, we should be in for a great market rally of many decades. I am expecting the market to end its recent rally this week. The current rarely would be about a week in length depending when it began for individual stocks. The rally has done a few important things with its slow and prolonged upward movement, mainly prevents a wave 3 signal from occurring during the next decline. My wave 3 indicator tends to signal wave 3s and 3 of 3s. See my scripts for the specifics of the indicator. If the market had a short wave 4 up and then a sharp or prolonged drop during wave 5, a new wave 3 signal would occur which violates the currently placed Minor wave 3 (yellow 3). Allowing separation from the current wave 3 signal enables wave 5 to drop quick or slow. This chart applies select movement extensions based on wave 1's movement on the left and then another based on wave 3's movement on the right. I keep the values between 0%-100% on the chart for wave 2s and 4s retracements of the preceding wave's movement for reference even though the retracement values would be inverted. Specifically for JPM, Minor wave 3 was longer than wave 1, which does not place a maximum length on wave 5. Assuming wave 4 ends on Thursday or Friday, Minor wave 5 could be a week or longer. In that time, at the very least it should drop below wave 3's bottom of 224.23. Using some basic movement extensions, it will likely go lower. The 5 wave lower pattern for this fifth wave is hypothetical, but a bottom could occur between 203 and 214. Once we bottom, we should see another rally over a few weeks. I will forecast what that could look like as Intermediate wave 1 nears its end.
NYSE:JPMShort
by StockSignaler
JPM: Eyeing Potential Buying Opportunities Amid Market VolatilitKey Insights: With JPMorgan Chase trading at $232.44, investors should monitor the $225 support level, approximately 3% below the current price, as a potential buying opportunity given the current broader market volatility indicated by the high VIX. While there are recession concerns with a projected 40% possibility from JPM's economists, the absence of severe declines in key economic indicators like unemployment and business profits provides a mixed economic outlook. Responding strategically to challenges, JPM's revised code of conduct underscores attempts to enhance its corporate image and manage client relations amid market fluctuations. - Price Targets: For the coming week, professional traders suggest long positions with the following levels: Stop Level 2 (S2) at $223, Stop Level 1 (S1) at $225, Target 1 (T1) at $238, and Target 2 (T2) at $242. - Recent Performance: JPMorgan Chase shows resilience despite broader market weakness, marked by its positioning near the critical $225 support level. The overall market sentiment remains cautious, as reflected in the 10% S&P 500 correction from all-time highs, indicating potential pressure on financial stocks like JPM.- Expert Analysis: Experts note JPM's robust response strategies amid a volatile market environment, albeit tempered by possible recession implications. A mixed economic scenario, with stable employment yet underlying market uncertainties, continues to shape investor sentiment toward financial equities like JPM.- News Impact: Recent amendments to JPMorgan Chase's code of conduct reflect a strategic move to mitigate reputational risks and align corporate ethics, potentially influencing its market perception and client engagement positively in a challenging market landscape. Investors should watch for any further policy changes and their impact on market performance and sentiment.
NYSE:JPMLong
by CrowdWisdomTrading
JP MORGAN: Chart where we should ALWAYS operate!! On January 15, JP Morgan presented its income statement, recording profits of $14 billion in the fourth quarter of 2024, which represents an increase of 50% compared to the same period of the previous year, and earnings per share were $4.81, compared to $9.3 billion, or $3.04 per share, a year earlier. Its shares had not stopped rising since then until last Thursday, when it began a correction phase. --> What does it look like technically? As always, the first thing to analyze is the medium-long term trend in its main time frames (Weekly, Daily, H4), and as can be seen in the table, it is clearly bullish (Bull). It is the chart where we should ALWAYS operate after each price pullback phase. ( AS IS HAPPENING RIGHT NOW ). The second thing would be the STRENGTH to know if the price is still rising or is in a phase of decline. As we can see in the table, in Weekly and Daily the STRENGTH is bullish ( Bull ), but in H4 it is bearish ( Bear ), that is, the price is in a CORRECTION PHASE. --> How far could the price fall? Once we are clear that its TREND is bullish ( Bull ) STABLE and that in H4 the STRENGTH is bearish ( Bear ), that is, in a correction phase, what we would have to wait for is for the STRENGTH to turn bullish ( Bull ) again to end the correction and be able to enter longs again. Knowing how far the price can fall is impossible because NO ONE KNOWS IT, but we do know the typical retracement zones using Fibonacci and supports and resistances, and so we wait for the price to reach one of them and from there start a new bullish impulse on the way to maximums. At the moment it has reached the first Fibonacci zone (23.6%), therefore, all that is left is for the FORCE in H4 to turn bullish (Bull), because as long as the FORCE does not turn bullish (Bull), the price could continue to fall. Important Fibonacci levels to which the price could fall: 38.2%: 261 50%: 255 61.8%: 249 Conclusion: WAIT for the graph to show us bullish FORCE (Bull) in H4 time frame. --------------------------------------------------- When the FORCE turns bullish (Bull), I will update the analysis with the entry SET UP. Greetings and good trading.
NYSE:JPMLong
by jmesado