JPM Bullish Breakout? JPMorgan Trend & Seasonal Insights

20 Ara 2024

In this video, we analyze JPM, JP Morgan Chase, which is currently exhibiting a strong bullish trend on the daily timeframe. The stock has consistently retraced to 50% of its previous price swings. Adding a seasonality perspective, we observe a historical pattern where the market tends to sell off into December 20th before rallying through the first or second week of January. My bias remains bullish, with a potential buy at the current price contingent on a break of structure. Please note, this is not financial advice.

21 Ara 2024

İşlem aktif

Move your SL to Breakeven now and close partial profits. Trade is now in the $ and risk free.

26 Ara 2024

İşlem elle kapatılmış

Closed and will look for another entry if price action sets up favorably