JP MORGAN to rise at least +14% on this rally.

We haven't looked into JP Morgan Chase (JPM) in almost 6 months (March 25, see chart below) and the excellent sell signal it gave us:

That was right at the top of its 2-year Channel Up. Right now we have the price rebounding an pricing a Higher Low on a shorter-term Channel Up since the March 25 High. Being still below its 1D MA50 (blue trend-line), gives time for an early buy.

The minimum % of a Bullish Leg within this Channel Up has been +14.07% so our Target is at $229.00 accordingly.

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