CFD Trading – Buy JP Morgan Chase & Co (JPM.NYS) @ $122.10. Stop @ $116.80 and Target @ $131.80.

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.


$122.10              Buy

$131.80              Price Target

$116.80              Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.