JP Morgan Chase & Co.
Largo
Actualizado

Ready for upward movement after pennant breakout

73
JPM showed relative strength during a market pullback and confirmed a pennant breakout with its close even on a down day. A rotation into banks may provide the volume this needs to see fib targets above. Safe entrance above last market open. Stop loss can be set at the fib below.
Nota
This could possibly make a strong move Monday if it can make it above the fib resistance marked as stop loss and through the point of entry.

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