JPMC34 trade ideas
JPM - Inverted H and S on monthly, Weekly quad topEarnings July 16 before open, 9000 7/26 $116 calls bought last week and still in OI. Inverted H and S on monthly, Weekly quad top. Stockcharts july seasonality for jpm and banks are 100%
JPM EarningsEarnings will catapult JPM into 116's or 117. It should exceed earnings. buy calls for 1-2 weeks from now!
Daily JPM forecast analysis08-JUL
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: About to begin a downward trend as a rebounding trend gradually gives way to increasing limited rises and strong falls.
Today's S&D strength Flow: Supply-Demand strength has changed to a strengthening selling flow when stock market opening.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.4% (HIGH) ~ -0.5% (LOW), -0.3% (CLOSE)
%AVG in case of rising: 1.4% (HIGH) ~ -0.1% (LOW), 0.9% (CLOSE)
%AVG in case of falling: 0.5% (HIGH) ~ -1.3% (LOW), -0.8% (CLOSE)
Possible JPM SHORT... (maybe?)There may be a potential sell to ride the next wave down for JPM; seems like a double three pattern may be happening at the moment. Currently, it will (probably) undergo its Wave C of Wave Y (I'm not sure, just speculating). A bit tricky on where it would end; i) could potentially push price towards its previous low or lower (around 92.00); or ii) fall short and make a triangle pattern. Just have to wait and see. Price has also broken its higher lows, and has been currently testing its breakout.
P/S: still learning, but its worth to take look at this pattern. I could be all wrong. ;)
Daily JPM forecast timing analysis by Supply-Demand strength20-Jun
Stock investing strategies
Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit
Supply-Demand(S&D) strength Trend Analysis: In the midst of a downward trend of strong downward momentum stock price flow marked by temporary rises and strong falls.
Today's S&D strength Flow: Supply-Demand strength has changed to a strengthening buying flow when stock market opening.
View a Chart with Supply-Demand(S&D) strength forecast: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.0% (HIGH) ~ -1.2% (LOW), -0.9% (CLOSE)
%AVG in case of rising: 1.4% (HIGH) ~ -0.2% (LOW), 1.0% (CLOSE)
%AVG in case of falling: 0.4% (HIGH) ~ -1.3% (LOW), -0.8% (CLOSE)
Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
Down to 107 (Fibo line) and bounce back laterDown to 107 (Fibo line) and bounce back later to 117 (upper Fibo line)
60% probability. Else: do not go down to 107 and flies straight to 117.
$JPM bullish pennant in play$JPM broke out of his bullish pennant and it setting the numbers higher. New ATH incoming?
JPMORGAN CHASE (JPM)(NYSE) Sell $113.73 >>> Target $106.74NYSE:JPM
JPMORGAN CHASE & CO
Stock - NYSE (USA)
Profit:Risk = 2.24:1
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Sell = $113.73
Take Profit = $106.74
Stop Loss = $116.85
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Take Profit = +6.15%
Stop Loss = -2.74%
