Who likes banks?The chart is very explicit. Price is forming an inverse HS at the trendline support. It can break out at any moment, today, tomorrow but soon. Even if the price is pushed back I wouldn't close the position. That trendline is very strong and most likely to try go higher again.Longby ArturoLUpdated 0
J.P. Morgan Enhances Data Management Capabilities for SecuritiesJ.P. Morgan today announced the launch of its Securities Services Data Mesh for institutional investors, available through Fusion by J.P. Morgan (Fusion). The solution enables investors to retrieve critical investment data held by J.P. Morgan’s Custody, Fund Accounting and Middle Office services, using cloud-native channels including REST APIs, Jupyter notebooks and the Snowflake Financial Services Data Cloud.Longby DEXWireNews1
Resumption to Banking Sector. $JPMHey TradingView. TiltonKy is bank to bring some new ideas for the quarter. We are investing numerous positions, and a few we plan to share with trading view this quarter. Firstly Banks. "SVB Banking Crisis" has put a point and hold on the banking sector this year. Giving Financials a 2 year devalution on going. This bear market for the sector has gone on for long enough. The technicals suggest a eclipse of the Downward Trend. And Overall bullish tend that has been intact for years. We have Banking Quarterly Earnings for Q3 Due to begin reporting at the end of this week. We are speculating a new resumption in the banking sector to follow up the the rally into end year. If banks can report solid earnings, in this new "higher for longer" rates enviroment. Certainly we can see this new adoption in the rally. I think the attention has been steered away from Finanicals. We see to believe that the banking has been oversold, overreacted and Undervalued based on its valued to the economy. Price Targets are set to Fair Valuation. Technicals-Wedge breakout Pattern. Both stocks. Expression. 130C or 125C Jan 24. =Time Dated for the entire Quarter. 90days. + Macro Views. PNC - 35% Upside Potential. 160.00+ JPM - 10% Upside Potential. 160.00+ This Year End Price Targets.Longby TiltonKy0
JPM firming up to go back up North... JPM nice hammer week, FTC flipped to green. Not there yet, as in hammer week itself is not an actionable signal (yet) as per TheStrat. Above 145.88 and as long green, nice potential back up north with decent pivots on the weekly and if it can keep going 160 area during Q4. Let 'm open next week, keeping an eye on financials as well, also keep in mind JPM Earnings (Oct 13). Longby RobinsOptions1
Earnings Journal█ SIMPLISTIC ANALYSIS </ Current Trend: positive. Next Wave: buy wave to the deviation. Trade Type: Touch & Go don't wait for a close. █ EARNINGS AT A GLANCE </ Release Date: 10/13 BMO Earnings Anticipations: positive surprise for EPS & Revenues. Surprise-Confidence on a scale of 0-5: 3.5 EPS & Revenue Trend: the trend in EPS is positive, the trend in Revenues is positive. █ SYNOPSIS </ "I expect the market will buy the surprise if the earnings hit the Wall Street consensus, or sell the surprise if the earnings miss the Wall Street consensus." █ BACKGROUND </ Research Depth: technical & fundamental glance only. Longby UnknownUnicorn287435971
JPM 2023 FORECAST Banks- Diversified Double Bottom at the zone then a nice drop to $83 TP 1 However at $117 id be keeping my eyes peeled for a potential reversal and bullish continuation Shortby Bekiumuzi_DubeUpdated 226
JP Morgan Chase to continue in the uptrend?JPMorgan Chase - 30d expiry - We look to Buy at 150.35 (stop at 146.75) The primary trend remains bullish. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Daily signals are bullish. A break of the recent high at 150.25 should result in a further move higher. The bias is to break to the upside. Our profit targets will be 159.35 and 161.35 Resistance: 148.87 / 150.25 / 153.00 Support: 143.70 / 142.65 / 140.00 Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune GroupLongby VantageMarkets3
JMP Short Term Target JPM Broke the current trend line and looks to be heading further down. Possible retest of the trend to watch out for. Currently playing on a strong resistance that could turn into a support, If we don't hold this as a support I'd expect a retest of the support at around the $134.33 level, targets are $136 & $135. Trade 1: Target $136, expires 15th September Trade 2: Target $135, Expires 29th September Shortby CJMackinnonUpdated 5
Options - Long JPM over 150.11 - Target 151With a 5 min confirmation over 150.11, JPM has room till 151 without roadblocks. Over 151 it may run till 153. Plan: - Wait JPM to break 150.11, a break + retest would be perfect. CALL Options @ 150. - Initial Stop loss below the 5min candle before the break of 150.11 - Exit Profit 70% @ 150.95 - Trail 30% Stop Loss to 150.70 - New Profit Target 152.95 Longby danielesala19861
ABC/DPrice broke to the upside from a descending triangle. Has formed an ABC pattern and target is D. This pattern tends to reverse at D. Possible stop under C. C is at 142.65. Target 1 has been met. Not a happy candle today. No recommendation. Short interest is less than 1%.by lauralea0
JP MORGAN: The final buy signal.JP Morgan Chase is trading inside a Channel Up and the most recent HL was on September 8th. Yesterday the 1D MACD formed a Bullish Cross and one last buy validation signal remains, crossing over the 1D MA50. The 1D technical outlooks already just turned bullish (RSI = 55.829, MACD = -1.250, ADX = 38.742) so we will buy that 1D MA50 cross and aim at a +16% total price increase (TP = 165.00). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope6
JPM - The banking crisis is not overBesides the obvious head & shoulders, as you increase the timeline from 1M to 2, 3 or 6M the more horrendous it gets. Massive bearish divergence in RSI. Price being rejected at the 25 MA, that will most likely lead to a death cross MACD being rejected at the signal line after the inflated march 2020 pump (looking even more rubbish at higher timeframes) PPO printing a bearish alert for the first time in its history at 6M (not shown) I think it will fall to the 0.786 retracement /400 monthly MA / previous top of 50$ minimum . It can go much lower as the MACD suggests, but a 70% is a common retracement for a JP Morgan bear trend and every time it enters a bearish market a retracement to its previous top and to the monthly 400 MA is a guaranteed target. I think this won't affect negatively the cryptomarket as some people suggest.Shortby ZerkaaloUpdated 2
JP-MORGAN, Moving In Massive Channel, Testing Remaining Levels!Hello Traders Investors And Community, welcome to this analysis where we are looking at recent events, the current price-structure, and what we can expect the next time from the famous large capitalized investment bank JP MORGAN. As it is well known that banks are not within the high performers in the stock-market nevertheless there can be some interesting trade opportunities especially in the current crisis and the possible ongoing stock-market declines where many people saying it was just the beginning which we had seen in March. With an increasing fear of new corona-restrictions and the resulting declines in the stock market out of it, the vast major market like S&P or RUSSELL currently shows some bearish pressure which will increase when important support levels do not hold, I made an analysis on this which I recommend you to see when you do not see it already when going at my account and look at the analysis, furthermore we have with JPM a stock where I detected some meaningful signals at the moment which can determine the further outcome of the stock. As you can examine when looking at my chart is that JPM is trading in this huge huge possible bear-flag which is marked in blue in my chart where the stock already touched several times the lower and upper boundary of the channel and therefore confirming it. Technically this possible massive bear-flag is confirmed when the price crosses with a volatile and decisive move the lower boundary to the downside but before that scenario can be taken into consideration it is within a highly possible spectrum given that we see some up bounces before that happen to test the remaining resistance levels and confirm them, these will be once the Fibonacci-resistance levels you can see in my chart where the 50 % is an important and strong resistance which is also matching with previous mirror levels and furthermore the higher 23.6% resistance which is also matching with the upper boundary of this important channel and building, therefore, a coherent resistance cluster. which will be confirmed when there is bearish pressure on these levels. Overall we have currently a strong bearish environment for the stock and although the bank may have gained good profits with short selling in the bear market decline which also other smart investors and traders did it is showing that more bearish than the bullish picture which should not be ignored in any case, as many people called for the bear market already recovered and the bull market coming back and holding on now we should not be naive because there is no substantial fundamental backing for this, besides that no technical, therefore we should be prepared for a possible bearish decline and do not take the bull moves for face value as it can still be a huge bull-trap which is showing often after another big wave to the downside comes. We will see how the overall situation develops and back up the track when a decisive scenario like the possible bearish decline sets in to profit out of upcoming possibilities in the further market environment. In this manner, thank you for watching, support for more market insight, have a great day and all the best my friends! ;) The eye sees only what the mind is prepared to comprehend. Information provided is only educational and should not be used to take action in the markets.by VincePrinceUpdated 7757
JPM continuously negative for 6 weeksJPM continuously negative for 6 weeks This chart shows the weekly candle chart of JP Morgan's stocks over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, JP Morgan's stock hit its high point at the end of July and early August of this year, hitting the top to bottom golden ratio of 0.618 in the chart. Then, it has been continuously negative for 6 weeks, and its low point in the past two weeks has hit the top to bottom golden ratio of 1.382 in the chart! So in the future, just use the lowest point of the previous week as the watershed to determine the strength of JP Morgan's stock!by Think_More0
$JPM Weekly Long Swing NYSE:JPM is showing the following bullish signals in the Leave A Legacy Indicator: Break & Retest of highs ($144) from Feb-Mar. The break of these highs created a break of structure. Test of an uptrend created from the low of 2022 and March 2023' Break and retest of a downtrend created from the high of 2022 and Jan. 2023 Swept buy side liquidity from the week of Aug. 21' (Untested Low $145.46) CONTACT ME FOR ACCESS TO THE INDICATOR/SCREENERLongby jeanius_tech1
JPM PT $138.00H&S FORMED. PT $138 BY THE END OF SEPTEMBER. $150/149 has been rejected multiple times and current financial news will not help banks.Shortby BearPutsUpdated 2
JPMorgan Chase (JPM): Emergence of Rounding Top Pattern Signals After a detailed analysis of JPMorgan Chase (JPM) stock chart, a Rounding Top pattern has been identified. This pattern, resembling a curve or dome at the top, is typically a bearish signal indicating a potential shift from an upward trend to a downward one. The formation of this pattern suggests that after a period of bullish momentum, the stock is losing strength and might be gearing up for a downward reversal. Conclusion: Given the emergence of the Rounding Top pattern on JPM's chart, investors should proceed with caution. It's advisable to consider defensive or protective strategies for current positions and stay alert for further confirmations of this bearish trend. As always, it's essential to combine technical analysis with other relevant indicators and news before making investment decisions. Article: An analyst at Fitch Ratings has issued a warning that U.S. banks, including JPMorgan Chase (JPM), might face downgrades if the agency further reduces its assessment of the operating environment for the industry, as reported by CNBC on Tuesday. In June, Fitch downgraded the U.S. banking industry's "operating environment" score from AA to AA-, pointing to pressures on the nation's credit rating, regulatory framework gaps, and uncertainties regarding future interest rate hike trajectories. A further one-notch downgrade, moving from AA- to A+, would compel Fitch to reassess ratings for each of the over 70 U.S. banks it evaluates, as stated by analyst Chris Wolfe to CNBC. Earlier this month, lenders were shaken when Fitch's counterpart, Moody's, downgraded 10 mid-sized U.S. banks and hinted at potential rating cuts for several others.Shortby BRyAN8800Updated 5
JPM -- shortI was looking for some short exposure for next week, and landed on JPM on my target. My rationale: I expect that some of the pre-holiday cheer will turn to hangover by next week. JPM is at the upper edge of its declining 1-month trading channel There's a highly predictive broken triangle pattern DXY is zooming today, without anyone paying much attention, and could easily take out the 5/31 high of 104.70. This would likely come as a reaction to bad news from China, and could translate into increased domestic recession fears in the US. I already have a lot of financial long exposure and can use a bit of short-term protection. My target is 145, and my SL is at 149. As these targets are very close to the current price, I will express this with a short term vertical put spread. But, as always, this is not a recommendation to buy or sell. Please do your own research. I welcome your opinions in the comments.Shortby matthiasUpdated 4
JPM - "you look poor"ok at 97 this should see support, but damn this is looking like a very long term top on Jamie Dimon's baby. That hurricane he was talking about started a few months ago. Long term target is 50.by the_sunshipUpdated 1111
JPM Entry, Volume, Target, Stop Enter when price clears 144.35 With daily volume > 10.5M Target area: 166 Stop depends on your risk tolerance, but 137 for a 3/1 Risk/Reward Longby tradepatientlyUpdated 4
Will JPM continue to rise?JPMorgan Chase - 30d expiry - We look to Buy at 150.22 (stop at 147.22) The primary trend remains bullish. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Daily signals are bullish. A break of the recent high at 150.10 should result in a further move higher. The bias is to break to the upside. Our profit targets will be 157.72 and 159.72 Resistance: 150.10 / 153.00 / 155.50 Support: 147.50 / 145.46 / 144.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune GroupLongby VantageMarkets1
📈📊 #ChartPattern Alert! 📈📊 📈 Rising Wedge 📈📈📊 #ChartPattern Alert! 📈📊 📈 Rising Wedge 📈 📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower highs (upper trendline). Draw another trendline connecting at least two lower lows (lower trendline). 📈 What it Signals: The Rising Wedge suggests a potential bearish reversal, with sellers prevailing at lower highs within the wedge. It often forms during uptrends and can precede a significant price move to the downside. 📈 Trade Strategy: Consider short-selling or setting stop-loss levels if the price breaks below the lower trendline of the Rising Wedge. Set profit targets based on the pattern's height subtracted from the breakdown point. Implement a stop-loss to manage risk in case of a false breakdown. Remember to use other technical indicators and conduct thorough research to support your analysis before making any trading decisions. Happy charting and trading! 📉💹 by RaffDN3
JPM Stock shortThis is on of the first stocks that Im a shorting and this is a very clear short as H4 and daily are overbought with a lot of divergence. There is no way to check for a pattern but I believe with all the divergence and the consolidation, this stock should crash in the coming weeks. Also, their quarter earnings report is due on October so it should crash by then. Shortby JD_TeenTrader3