JP Morgan Chase & Co Stock Code JPM.NYS
Price broke above the cloud in the previous trading session, changing the chart trend to bullish after a six-month bearish price trend. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is below the cloud. MACD is bullish and is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading higher to the next price resistance at $131.86 in the next 2-3 weeks.
$131.80 Price Target
$116.80 Risk Management Stop
3 weeks Trade Duration