JPM - All time highs incoming JPM - Banks stocks strong today when other sectors were down. Stock close to breaking all time highs at $217.56. swing calls added in group .looking to add more above all time highs. Stock is strong on indicator level. Next resistance at $220by TheStockTraderHub2
FibonacciFibonacci 📐 One of my favorite tools for making buy or sell decisions in the markets is Fibonacci, as it highlights key levels that are very difficult to spot just by looking at the chart without it. 🧮 What’s most impressive is how the price reacts strongly when it hits these key levels, remember, fibonacci is based on a numerical pattern where each number is the sum of the two previous ones, starting with 0 and 1, this sequence is fascinating because it shows up in nature, art, and finance, which makes it even more amazing to me. 🧠 With Fibonacci, you can create strategies to identify strong supports and resistances on large time frames, such as H4 or daily, in addition, it allows you to see if the price is touching or close to its take profit, or if it is at levels where you could place your stop loss or take profit. 📐 fibonacci retracement 📊 One thing investors really pay attention to is the Fibonacci retracement, when prices start dropping in an uptrend, levels like 38.2%, 50.0%, 61.8%, and 78.6% often act as support. ▪️ Why? Because traders are keeping an eye on these levels and reacting to them it’s like a prophecy, if enough people believe the price will bounce at 38.2%, it’s more likely to happen just because everyone’s expecting it. ▪️Over time, Fibonacci levels have shown they’re pretty handy for spotting market pullbacks and surges, which is why they’ve become so popular. 🤔 How to use it? 📊 First, we need to identify whether the trend on our chart is bullish or bearish, if it’s bullish, we find the lowest point and mark it as point "A", then we extend Fibonacci to the highest point, which becomes our point "B" this way, the levels are almost exactly aligned, and we can fine tune them to match the prices better, typically round numbers are the most important to consider. ⚖️ Levels 🔹 Take profit -61.8% -27.0% 🔹 Point “B” end of extension of fibonacci 0.0% 🔹 Consolidation zone or possible continuation 23.6% 🔹 Validation zones 38.2% 50.0% 61.8% 78.6% 🔹 Extension point “A” of fibonacci 100.0% 🔹 Stop loss 110.0% 120.0% 🏦 In the following example, we’re looking at NYSE:JPM on a 4-hour timeframe, when it touches the 61.8% level, it shows strong upward movements, respecting that level quite well, now, it’s at point “B” of the extension, and if it breaks this level, it could head towards the -27% Fibonacci, which is very close to a round number $225 i think that’s a very likely target. by Mariofxtr1
JPMorgan Chase: A Rollercoaster Ride Through Financial History The price movements you've listed are indeed shown on the chart for JPMorgan Chase & Co. (JPM) stock. Let's analyze each of these movements: **The chart shows significant price drops at different time periods, with the largest being a 95.38 point (-44.27%) decline over a short period of about 2 months and 4 weeks.** ## Analysis of Price Movements 1. -82.13 (-41.97%) drop over 55 bars (about 1 year 3 weeks): This appears to be the most recent significant drop, likely projecting into the future from the current date (August 17, 2024). It suggests a potential bearish scenario over about a year's time. 2. -73.28 (-41.97%) drop over 55 bars (1 year 3 weeks): This movement is similar to the first one in duration and percentage, but with a slightly smaller absolute point drop. It might represent an alternative bearish projection or a historical movement. 3. -61.47 (-44.27%) drop over 13 bars (4 months 4 weeks): This shows a steeper decline over a shorter period, indicating a more rapid price decrease. The timeframe of about 5 months suggests this could be a significant market correction or reaction to specific events. 4. -95.38 (-44.27%) drop over 13 bars (about 2 months 4 weeks): This is the largest point drop shown, occurring over the shortest period. It represents a very sharp decline, possibly indicating a major market event or crisis. The similarity in percentage to the previous drop (-44.27%) but with a larger point value suggests this occurred at a higher price point. ## Key Observations - The percentage drops are quite similar (around 41-44%), suggesting consistent levels of significant corrections or bear markets. - The durations vary widely, from about 3 months to over a year, indicating different types of market events or cycles. - The largest point drop (-95.38) over the shortest period (about 3 months) likely represents a critical market event, possibly related to the steep decline visible on the chart around March 2020 (which coincides with the onset of the COVID-19 pandemic). These price movements highlight the volatility of JPM stock and the potential for significant price swings over various timeframes. They serve as important reference points for understanding historical trends and potential future scenarios for the stock. Citations: pplx-res.cloudinary.comShortby Yusuke_Trading3
JPM Following Bullish Trend for Next Major Breakout!Thursday, 15th we expect JPMorgan Chase & Co to open at $209.37, and during the day (based on 14 day Average True Range), to move between $205.58 and $214.90, which gives a possible trading interval of +/-$4.66 (+/-2.21%) up or down from last closing price. If JPMorgan Chase & Co takes out the full calculated possible swing range there will be an estimated 4.43% move between the lowest and the highest trading price during the day. Longby SantiagoSolutions0
JPM bounced of support trendlinebounced of support trendline, expecting a higher low which will be our entry, target $334Longby Zanokuhle_Capital0
JPM: Time for a correction - Bears may take control of pricesJPM: Time for a correction - Bears may take control of prices From our previous analysis posted on 07-Jun-2024, JP Morgan completed the harmonic pattern perfectly and fell by almost 11.63% after the release of earnings reports. On July 12, 2024, JP Morgan reported good ER data and above expectations. However, taking a profit is part of the trading process which moves the price down for correction in an uptrend. Considering that we have the bearish pattern showing overextended conditions in JP Morgan's price, and also the fact that ER will always be positive given its strong position, it is possible that we may see the price of JPM fall further as shown in the chart. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuni6652
JPM Warning This is a project I had with absolutely no analysis in mind, so it never made it to this world where Picasso is not wanted and gibberish is dangerous. Just random dots splashed on the tradingview canvas while presumably being in the Nen Zone. Unfortunately, I have never seen anything like it in all the nen projects that have poured into existence through my brain and hand on the mouse. And that's why I am posting this idea as a warning in case the rest of the dots prove to be relevant and JPM will run out of steam in the near future. I don't want to scare the bulls away, I don't know the mathematical probability for the rest of the dots to end up near the price in future time or the other way around, but still, in another scenario if it ends up descending, I will be looking for potential buy zones at the two inflection points near the ellipse. And that's why I like Cricket. by nenUpdated 1
JPM investment planAccording to my view jpm is also on a pull back to the next resistance as shown,manage to understand this things that is going on in the market,I see this pull backs coming before massive move for this year to take place,soo everything is normal nothing wrong this is how market moves ok.Longby mulaudzimpho0
JPM as A Gauge For Bull Run I consider JPM as a source of truth in this bull run for several reasons: Post-Banking Crisis Fragility: Especially following the banking crisis in 2023, banks are more fragile, and money has consolidated in some bigger, safer banks. Exposure to Various Crises: They have a lot of skin in the game, so any crisis coming from either a tech bust, Japan, bonds, or inflation will surely affect them. Too Big to Fail: They most probably won't go bankrupt; they are too big to fail. Correlation with S&P 500: JPM is almost perfectly correlated with the S&P 500. Lately, I have been observing new all-time highs from both the S&P 500 and Nasdaq, and of course, JPM. It hasn't even dropped below the weekly 20 MA as it did in 2021. So, it is still uncertain if this is a breather or the beginning of the end. Over the last four weeks, the wicks were up but pressured down. Making another local top will be the third in 2024, and that also create 2nd bearish divergence on RSI, so I would watch out for a quick meltdown.Shortby muratyukselnet221
JPM JPMorgan Chase & Co Options Ahead of EarningsIf you haven`t bought the dip on JPM: Now analyzing the options chain and the chart patterns of JPM JPMorgan Chase & Co prior to the earnings report this week, I would consider purchasing the 200usd strike price in the money in the money Calls with an expiration date of 2025-1-17, for a premium of approximately $17.25. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 3
JPMorgan Broke Out. Now It’s Pulled BackJPMorgan Chase began July by breaking out to new highs, and now it’s pulled back. The first pattern on today’s chart is the May 17 close of $204.79. The banking stock consolidated above that level through July 12. Has old resistance become new support? Next is the price zone between roughly $208 and $210, matching some highs earlier this month. Will this be a place where buyers step in? Third, the 8-day exponential moving average (EMA) is in the same area. JPM mostly remained above this EMA during its previous run in early 2024. Trend followers may watch for similar behavior amid the current breakout. Finally, the 50-day simple moving average (SMA) has started rising after a period of sideways movement. That could potentially reflect bullishness over the intermediate term. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. 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. 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.by TradeStation9
Buy JP Morgan ChaseShort Term Trading Advice by Naranj Capital Buy JP Morgan Chase ● Buy Range- 209 - 212 ● Target- 222 - 225 ● StopLoss- 205 ● Potential Return- 5-6% ● Duration- 14-15 Trading Days Longby NaranjCapital3
JPMorgan Chase & CO.JPM needs to violate 199 to the upside, to trigger a rebound near 200.94 - 203.30 - 205.88. As 205.88 is considered the last major peak that needs to be violated, to confirm the major uptrend, with potential targets at 210 - 215- 217.35. The stop-loss lies below 195.35, as a break below it, will cancel the mentioned positive scenario. The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.Longby Gehad_AbouelelaUpdated 1114
JP Morgan Surprises Investors with Strong EarningsOn Friday, JP Morgan surprised investors with a robust earnings release, posting an impressive +4.01% increase and a revenue surge of 20.78% above estimates. This positive news has ignited investor confidence and set the stage for a potential bullish trend. Historically, JP Morgan's stock has shown a seasonal pattern of growth during this period. Over the past 15 years, the company's stock price has typically increased during the summer months. This historical trend, combined with the recent strong earnings report, suggests a favorable outlook for JP Morgan's stock in the near term. The pre-market indicators are already showing gains, reflecting investor optimism. Given these positive signals, we are looking to open a long position at the start of the New York session today. ✅ Please share your thoughts about JPM in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Longby FOREXN1112
JPM Time to Bank your profits ?JPM has has had a great run, tacking on 17% since the April low. They report Friday of this week. Last Quarter they surprised to the upside. Using a 4H Wolfe Wave analysis we appear to have peaked and could pause or head lower. The fly in this ointment is that the 15 minute chart has a bullish Wolfe Wave. So I am waiting in the weeds until the recent gap is filled at around 127.85. Also need my momentum indicator to roll over. Note: Powell speaks and other Banks report this week; so possible volatility . Not investment advice... do your own due diligence. S.by Steve666Updated 331
JPMorgan Potential Resistance Breakout At $210.60 11.07.2024- Technical Setup: A potential breakout above resistance at $210.60 within a 4-hour ascending triangle pattern. - Upside Potential: If the breakout sustains, there is a significant probability for the price to advance towards $231.16. Further breach of $231.16 could lead to an extended move towards $257.30. - Downside Risk: Conversely, if the breakout fails, there is a high likelihood of a decline towards $194.43. A breakdown below $194.43 could potentially push the price down to $181.74. Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby Stuart_Cowell0
JPM Paths Before EarningsA new earnings season is kicking off this week with a lot of banks reporting Friday. I doubt I'll trade any banks, but I think it's important to monitor. JPM looks bearish to me despite the recent breakout. It had a fakeout above its ascending wedge and is now threatening to break below which could send it back down for a retest of the previous bull flag breakout.by AdvancedPlays1
#202427 - priceactiontds - weekly update - JPMGood Day and I hope you are well. JP Morgan / NYSE:JPM comment: Clear bull wedge, which means buyers at new highs taking profits and since it's the third push up, the probability of a two legged correction breaking below the wedge is decent. Market touched the weekly 20ema 2 times over the past 3 months and the third time will probably happen soon. We also have a decent rejection at 210, which gives you even better odds for a short. I do think longer term shorts can work well, if you can hold 4-6 months until price reaches 185ish. Quicker short for 195, which is the most recent breakout price, is the safer play obviously. Once market hits the C target, I expect a lower high and then some stronger down move to below 190 over the next 6-12 months. current market cycle: Bull trend which transitions into a trading range. key levels: 190 - 210 bull case: Bulls see this recent bull trend inside the wedge as strong enough for a third leg. A measured move from W3 would lead to 220. For that to happen they want to stay inside the tight bull channel and turn the market around here quickly. I do think if it drops below 200, that bull trend is over and the high is in or at least a double top would not exceed it by more than 1-3$. Bull Invalidation is below 200. bear case: Bears want to keep the upper wedge line as resistance and test back down to the lower one around 196ish. They sold the previous highs for a 10% and a 7% drop. 10% down would bring us to 190, which is suprisingly around the weekly 20ema. Coincidences or math? You decide for yourself. Bear Invalidation is above 215. short term: bearish - Two legged correction to at least 200 over the next weeks. medium-long term: bearish - Trading range 180-200, since we are at the highs, longer term shorts are reasonable. current swing trade: Short 205, sl 215, tp 200ish or the lower bull wedge line/weekly 20ema Have a good rest of your weekend and talk to you soon. If you enjoy my writings, please leave a boost or follow. Thank you and I wish your trading to be profitable.Shortby priceactiontds1
JPMorgan Chase Stock Dip: An Opportunity Amidst the NumbersIn the wake of last week's unexpected setback for JPMorgan Chase's stock, investors are presented with a perplexing narrative. Contrary to expectations, the banking giant refrained from revising its 2024 revenue guidance, leading to a notable 6% drop in share price. Yet, beneath this seemingly negative surface lies a compelling investment opportunity, driven by robust performance metrics and strategic positioning within the financial sector. Despite the initial market reaction, JPMorgan Chase's first-quarter results surpassed expectations, with impressive revenue and per-share profit figures. While the lack of upward revision to net interest income guidance caused temporary turbulence, a deeper analysis reveals several positive indicators supporting a bullish outlook. Notably, JPMorgan Chase has outperformed its competitors in key areas, including loan losses, interest income growth, and revenue diversification. The bank's proactive measures to optimize its balance sheet and enhance fiscal flexibility further underscore its resilience in the face of market challenges. Moreover, the company's solid financial foundation, highlighted by robust return on equity metrics, distinguishes it as a top performer within the industry. Compared to peers, JPMorgan Chase's profitability remains unmatched, reflecting its ability to deliver consistent shareholder value over the long term. While market dynamics and external factors may influence short-term stock movements, the intrinsic strength of JPMorgan Chase as a company remains steadfast. As such, the recent dip in share price presents an attractive entry point for investors seeking exposure to a leading player in the financial sector. In conclusion, JPMorgan Chase stands as a beacon of stability and profitability in an ever-evolving market landscape. The recent downturn in stock price offers investors an opportunity to capitalize on the company's enduring strength and potential for future growth. As always, prudent investors should conduct thorough due diligence and consider their investment objectives before making any decisions. Longby FOREXN1Updated 1110
#JPM $JPMbreakout trendline 199 try long 201/203/206 can test big move possible Longby Equity_Research_Analyst-02112
Would you bet on financial stocks?From a valuation perspective, JPMorgan Chase & Co. is currently exchanging hands at a Forward P/E ratio of 12.2. For comparison, its industry has an average Forward P/E of 11.05, which means JPMorgan Chase & Co. is trading at a premium to the group. The company's earnings report is set to go public on July 12, 2024. The company's upcoming EPS is projected at $4.17, signifying a 4.58% drop compared to the same quarter of the previous year.Shortby Super_B_XinR4
Downtrend Channel BreakoutJPM has a downward channel and I plan to buy the breakout. If the price becomes greater than 198, I will play for a large breakout move on the channel. If this bounces down tomorrow, then I will have to move the entry price lower or invalidate this setup. Buy to open = $198 1st Profit Target = $205 Stop Loss = $194Longby PappyTrading2
Watch This 3 Step System And Technical AnalysisInside this video i dive deep into technical analysis mixing advanced lessons and beginner lessons to give you a taste of advanced technical analysis and beginner-level analysis You will need to buckle up and sit tight as we ride through the forex market, banking market, and stock market This video is packed with tones of value and it's a thank you for rocketing this content to learn more rocket boost this content Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk managementEducation14:20by lubosi3