$JPM Quaterly Chart ShortJPM is currently trading down from a quarterly Supply Zone . Short to Demand around 96$
JPM trade ideas
JP MORGAN CHASE & COThe downward trend is expected to continue.
Target 1 - $116.70
DISCLAIMER: This is an idea only and we are not responsible for any profits or losses arising from trading.
Trading Idea - #JPMorganMy trading idea for JP Morgan - SHORT / SELL
Entry: 133.20 USD
Target: 108.00 USD (+18% profit)
Stop: 146.10 USD
JPMorgan Chase & Co . is a global financial services company. The company operates in four segments: consumer & community banking ( CCB ), corporate & investment bank ( CIB ), commercial banking ( CB ) and asset & wealth management ( AWM ).
U.S. banks face huge earnings losses. First-quarter profit expectations for major banks have been cut considering the Russia sanctions and a severe slowdown in business activity.
JPMorgan (NYSE:JPM) is the 17th most popular stock among hedge funds, according to a study by ClearBridge Investments. JPMorgan was in 107 hedge fund portfolios in the fourth quarter of 2021, compared with 101 in the previous quarter. Even with the increasing interest from institutional investors, the stock has lost about -20% in the last 3 months!
Insiders believe "JPMorgan Chase is too big to fail". JPMorgan is indeed an influencing giant of the financial world, but a share price recovery also depends on the global economy and its recovery.
In terms of the chart, we have been in a strong downtrend since November 2021. Again and again, there have been strong moves to counteract it. This has led to high volatility in the share. The SHORT momentum remains and solid ground by a support level is not really in sight.
$JPM Key Levels, Analysis, & Targets$JPM Key Levels, Analysis, & Targets
As long as MacD is under the centerline these are my targets.
I’m not sure how I’m going to play this yet, though…. I’ll wait until after earnings, and honestly I might wait on JPM for some of the lower targets… I've got my alerts set...
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
JPM - Too Soon for BuyNYSE:JPM is modelling the big orange arrow, mentioned on the chart, on its correction movement. For doing so, it has a PRZ of $112.4 zone (somewhen between May and July, 2022). If the price breakdown $127.8 low, both the PRZ and TRZ mentioned on the chart are valid for NYSE:JPM . For the next move, we can expect a buy position using trigger on the bottom of the channel (which is also our PRZ). However, it is too soon for thinking about buying this stock.
JP Morgan Continuing the declineUnfortunately for JP Morgan the trend is not good and I am yet to see anything to change my mind. I currently am shorting this stock with 12% of my portfolio.
The below are the losses across the period.
Last periods:
- 6 months down 18.95%
- 1 month down 2.85%
- 5 days down 2.85%
- 1 day down 0.78%
Patience is the KeyIf we hit the previous lows (or slightly cut under that - that's even better), we could get text-book reset on daily.
It fits the overall market direction - retest lows and move up for few months.
My ideas are mostly based on technical analysis and few fundamentals, but I don't follow specific indicator.
I have some know-how by looking across several indicators. Of course, I might be wrong as well.
Forecasting bottoms and tops, not target levels or price path.
Don't forget to enjoy your day:)
Disclaimer:
This is my personal journal, not investment advice for anyone.
J-P MORGAN, On The VERGE To A PRECARIOUS BREAKDOWN!Hello,
Welcome to this analysis about JP Morgan And Chase on the monthly timeframe perspectives. The stock market is battered because of the ongoing war-dynamics and history has repeatedly shown that during such times the market is either going sideways or has a bearish edge, these indications should not be underestimated when assessing the stock market and stocks within the stock market and therefore there is a higher tendency for the market to show up with further bearish volatilities in the next times. When looking at my chart with JP Morgan And Chase now we can watch there that the stock is building a precarious massive formation which is actually an ascending-wedge-formation with a wave-count within the formation, such a formation normally signals a devastating reversal to emerge. Besides that JP Morgan and Chase has a decreasing-volatility-circle which means the bullish strength is decreasing more and more inclined with the actual wedge-formation forming here. Together with these crucial indications JP Morgan And Chase also forms this main RSI-Bearish-Divergence as a additional indication for this whole formation to be completed. Therefore when looking at these whole dynamics the bearish upcoming perspectives should in any case not be put from the desk here and once the target zone has been reached there is still the possibility that the stock continues further, it will be a critical development ahead.
In this manner, thank you for watching the analysis, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.
JPMorgan investmentsThe US banking sector was more resistant to a bear trend than a number of other top companies in the country, which are included in the main indices. Now the indicators of American companies and indices begin to show growth trend! But still have a good price purchase price. This is a major investor. American billionaires, as well as finnish agencies. Such as Bank JPMorgan! The leading banks of the United States keep about 30-40 percent of their capital in the top companies in the country. And this year can become very favorable for investment in such assets. The situation in the stock market of America can repeat the situation of 2020. When the market showed a strong collapse at the beginning of the pandemic, and then showed high growth volatility and brought the market to new historical maxima. In this case, the purchase of US securities banks at the beginning of a bullish trend will provide an opportunity to get high profits! And accordingly, make high indicators of the price of their securities !!!
JPM LongGiven the recent market selloff, the reversal forming on the daily, and with interest rates on the rise, financial companies will begin to rally again. I'm looking to take a long-term position in JPM, given they are a leader in the market and pay a high dividend. Aiming to take next January's ATM (140) calls.
JPM price actionPrice action on JPM doesn't look too much optimistic even that we are going into higher interest rate environment.
JPMHello everyone, I am waiting for the price to arrive with Press Action confirming the rise and the entry will be at the level
136.30
Take profits at the level
150.78
JPM - Wassup JamieThis looks terrible. So does C Wells, BoA, MS, and the rest of the JunkCO ZOmbie Banks.
Gonna be a wild ride South.
THIS Event would generate PANIC.
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Bring it.
JPM Where is price goingPrice has reached a point where it is starting to roll over on top of itself
Its possible price continues down the channel (in red) and continues the pattern of substantial lows
Or the green possibility where MA's separate cleanly and price breaks out of this larger trend
JP Morgan Chase BreakoutIf the price retests the resistance, then the price can move up to Resistance ($ 150.00)
JPMH&S top
target is at 137.5 levels.
Price is below the 200 ema.
( Admin: I have checked my setting and the language is english )
JICPT| JPM got support from flip heading to previous high!Hello everyone. The conflict between Russia and Ukraine has been on the center stage since last Monday. global stock market have been volatile for a majority of the week. With no intention of sending troops to Ukraine, market started to calm down. Hopefully, it'll be over soon. It's really painful to see those photos.
Get back to the technical side, there was buying pressure around the key flip level of $140 with increased volume as confirmation signal.
Other than that, the rate hike next month will also benefit the banking sector. The question is 25bps or 50bps.
Pull Back Fishing/TopsFinancials had quite a run during our Bull market.
Time to pay the Piper I suppose.
JPM has an ugly top but maintained up there for quite a while. I like this stock but am thinking it has some downside left to go.
Short interest is very low at .52%.
I do know some do not agree, but in my experience, the tops and bottoms of gaps/windows, can provide support as well as resistance. There is no price action inside a gap, so I look to your left at prior price action for support while inside a gap. If I do not see major price action to the left and price has broken the top of a gap, I find price will usually hit the bottom of the gap. As of late some securities are in Free Fall mode and will parachute right through the top and bottom of a gap without so much as a pause as if the market is literally bleeding. Until the hemorrhaging stops and that would mean something in this economy has to change, I am being careful.
I plan to wait but I know many love this stock.
Price is under all of it's long term moving averages. Moving averages are lagging indicators.
Folks tend to sell the securities with the most gains, so it is time to maybe look at the high flyers right now when the economy is sucking wind. Often those will suffer the greatest declines.
I am guessing it is time we admit we lost our bull market and time to readjust. I know we will have good days as a bear market is not like "everyday is a rainy day" and there will be rallies up.
JPM made 2 attempts after high of `172.96 to beat this high without success. This can be a sign that a security is at it's top.
This particular ugly top was iffy a price kept trying to go up for a while and it was not clear that a top was reached. But it was, for now.
No recommendation
JPM Bearish Elliot waves updateAdjustment to previous Elliot wave analysis. First big target area hit but it looks like this would still be inside of the third leg here if this was Elliot and would have a bit further to go.
Previous:
Trade Idea - buy JPM swing callsOn the daily chart price is oversold and needs to revert back up towards moving averages. 30min chart shows ovals around the candles that generated a stochastic bull signal. Those three candles showed buying strength, and after a another move lower (which usually happens) I am looking for price to hold 130 and move higher. Green lines show bullish divergence between RSI and price. Risk is low as price is near the lows and 130 can also be used as a stop.
Will JPM See $168 again?Given global economic events, markets have been responding with extremely high levels of volatility.
Long term investors, publicly, have been mentioning that these are the kinds of times to buy stocks "on sale." Do you agree?
JPMNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
