Bullish Wedge Break Bodes Well for JPM

in Stock Analysis by Ryan Mallory
The head and shoulders pattern I was focused on JPMorgan (JPM) before never came to fruition. Now you have a bullish wedge that has broken out and continues to hold the 50-day moving average with minor resistance overhead to be noted. Here's the JPM technical analysis:
JP Morgan JPM technical analysis

JPM Head and Shoulders Pattern May Be Compromised

in Stock Analysis by Ryan Mallory
Couple of things to note here on the JPM chart: 1) HUGE head and shoulders pattern in place, but needs to clear $49.70 to confirm 2) Downward ascending trend-line is broken off of the July highs. Could negate the H&S pattern. Right now the head and shoulders pattern may be compromised, especially if price can get over $54.00 It has already broken the…
Screen Shot 2013-09-13 at 3.53.04 PM

For A Good Company JPM Certainly Screws Up A Lot

in Opinion by Chris Drose
I love Jamie Dimon. I think he is one of the smartest CEOs on Wall Street and enjoy watching him run circles around Congress whenever he testifies. That being said, for a great company JP Morgan certainly has a ton of issues.


Get Ryan's Top Six Trade Setups for Profitable Trading eBook for Free!

twitter-button  stocktwits-button  facebook-button  rss-button  email-button

part-time trader 300x250


This site is an independent Web site (it is not affiliated with JPMorgan Chase). JPMorgan Chase is registered trademark of JPMorgan Chase & Co. Stocking JPM's desire is to fully understand the company and everything it has to offer, and we want to learn as much as we can about this company and share this information and opinions about the stock.

Click here for more information about this Website and a full disclosure statement.

Splash Zone