What's up everyone, I'm back with some quick update on $JPM.
Quick fact: The 65-minute chart has 6 evenly sized candles (65 x 6 = 390, amt of mins per day).
Based on our previous analysis:
-
JPM has bounced off the 0.618 bullish Fibonacci on the 65-minute chart at $204.11
- Price Target of $225.48 at 0.0 (assuming we continue the bullish trend)
- Stop Loss of $194.36 at the 0.9 bullish Fibonacci
The price is currently up 2% from when we first analyzed the stock and 3.85% from the last time it touched 0.618.
If you're in the play, stay the course, move your stop loss to 0.5 Fibonacci if you want to decrease your risk. If not, hold on.
I'm not in the play.
Quick fact: The 65-minute chart has 6 evenly sized candles (65 x 6 = 390, amt of mins per day).
Based on our previous analysis:
-
JPM has bounced off the 0.618 bullish Fibonacci on the 65-minute chart at $204.11- Price Target of $225.48 at 0.0 (assuming we continue the bullish trend)
- Stop Loss of $194.36 at the 0.9 bullish Fibonacci
The price is currently up 2% from when we first analyzed the stock and 3.85% from the last time it touched 0.618.
If you're in the play, stay the course, move your stop loss to 0.5 Fibonacci if you want to decrease your risk. If not, hold on.
I'm not in the play.
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.