JPM has had a good run - but look at the price action now. I see a Weekly Bearish Engulfing Candle / Key Reversal Candle as part of a double top reversal pattern, whilst sat above $300, and the 20 Weekly MA.
Will $300 and the Weekly 20MA hold and provide support to JPM? If they do then I expect us to retest those recent highs at $320. If they do not then we move lower towards the $280- region.
Weirdly I think a lot of these analysis pieces for this week will be determined by NVDAs results.
Will $300 and the Weekly 20MA hold and provide support to JPM? If they do then I expect us to retest those recent highs at $320. If they do not then we move lower towards the $280- region.
Weirdly I think a lot of these analysis pieces for this week will be determined by NVDAs results.
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