JPM: In downtrend in short term: SELL LIMITIn this case, i accept about 5% risk, and allocate like theses.Shortby thienpcUpdated 1
JPM - Bearish-neutral Iron CondorStock rally through till early 2018. Choppy price action with range-bound price through remainder of 2018 indicates large volume of shares exchanging hands (in other words, for a better mental picture, larger holders off-loading to more interested but smaller buyers). Expectation is neutral price discovery, with earnings report in January catalyzing subsequent direction move, which is typically bearish/downward with such price action. For now, price is attempting to find a fair value, and as such a bearish-neutral bias is bet on here. 85/90/115/120 JAN19 IRON CONDOR @ 0.67 CREDIT General plan: Roll if necessary & if possible mainly to reduce risk, expecially in this case due to earnings report date before expiration Target maximum profit, unless significant profit appears early. Comment or direct message for discussion, or on other interesting ideas! Follow for updates.Shortby themdtraderPublished 2
JP MORGAN LONGIf it brake out the next resistance line the price grow up until 200 days moving average. The last top is 112.50. This is the focus, if the price growes up that level there will more level upLongby ignathmiklosPublished 1
Beautiful dow theory JPMJPM showed Dow accumulation/ participation phases nicely. Can you see H&S pattern? breaking trendline ascending channel initially but now at bottom of the accumulation phase? Longby pepestar75Published 1
Probably the nicest Elliot pattern We have been looking at JPM for many years and it always amazes us with its nice pattern. If JPM is to be a proxy for the stock market in general, well we are not due yet for the end of world. Actually we sill have many years to go before dark ages comes back and prove the perennial bears right. The icing on the cake is gone that is for sure but the bulls are not done nibbling at the cake. Not yet. Keep an eye on JPM. Always been an excellent proxy for the stock market. Long term that is. Longby yaugerPublished 2
JPM Defensive stock!Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) just revealed its recent stock moves and the “Oracle of Omaha” is making a big bet on financials. During the third quarter, Berkshire Hathaway snapped up a new position in JPMorgan Chase (JPM) of 35.6 million shares, making it the 10th largest stock holding. It’s notable because the 88-year-old investor has publicly praised JPMorgan’s CEO Jamie Dimon for years, but had not owned the stock. A huge fan of Dimon’s annual letter, Buffett told Yahoo Finance’s editor-in-chief earlier this year that he made a “mistake” not investing in the bank’s stock. “I should’ve ,” Buffett said at the time. “Very obviously. I mean, it’s been a terrifically run operation. And it was very cheap, just like a number of others were.”Longby ShukriMahadiPublished 1
Short JPMBearish sentiment continues for me on a macro level mid term. Playing the idea that we see a strong downward move over the next few days on JPM, and we may get in early here. There is a chance for continuation of uptrend however. Stop protection in place. Shortby DefineRiskUpdated 2
JpMorgan Possible Reversal Zonebullish demand may show up at this support level Longby TradingMulaUpdated 6
JPM double top? Death cross?Not much new to report from a TA standpoint. I am still holding puts. Shortby AidanMcCarthyPublished 3
BUY SignalMultiple bottom area looking good for a swing trade or long term hold into the relief rally.Longby stockniquePublished 4