JPM is moving inside a well-defined ascending channel, and the price is currently trading near the midline of the channel, slightly above the 50-day SMA.
This is a decisive zone:
either the price bounces toward the upper channel,
or it breaks below the midline and heads toward the lower boundary.
Current price: $307–308
Bullish Scenario (More likely given the structure)
As long as the price holds above the midline and the 50-day SMA, an upward push is expected.
Bullish Targets:
• Target 1: $314
• Target 2: $320
• Target 3: $324–325 (top of the channel)
Bearish Scenario
If the price drops back below $301–302, downward momentum may accelerate.
Bearish Targets:
• Target 1: $295
• Target 2: $288
• Target 3: $276 (lower channel support)
Stop Loss
• For long positions: Below $301
• For short positions: Above $314
This is a decisive zone:
either the price bounces toward the upper channel,
or it breaks below the midline and heads toward the lower boundary.
Current price: $307–308
Bullish Scenario (More likely given the structure)
As long as the price holds above the midline and the 50-day SMA, an upward push is expected.
Bullish Targets:
• Target 1: $314
• Target 2: $320
• Target 3: $324–325 (top of the channel)
Bearish Scenario
If the price drops back below $301–302, downward momentum may accelerate.
Bearish Targets:
• Target 1: $295
• Target 2: $288
• Target 3: $276 (lower channel support)
Stop Loss
• For long positions: Below $301
• For short positions: Above $314
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.