JPM has been a cup and handle for quite a while. Earnings 7-13. Sometimes it is difficult to trade a security when earnings are around the corner. Folks sometimes sell due to fear of the event and how the news will be received.
Strange looking top but keeps on going.
Odd formation (flag or channel up?) recently at the bottom of the last pull back which is a sharp pull back almost like a pole but downward. I would not deem to label this as folks are very bullish on JPM (o:
Pocket pivot not far below price.
The reaction to the news is often more important that the news itself.
No recommendation
Strange looking top but keeps on going.
Odd formation (flag or channel up?) recently at the bottom of the last pull back which is a sharp pull back almost like a pole but downward. I would not deem to label this as folks are very bullish on JPM (o:
Pocket pivot not far below price.
The reaction to the news is often more important that the news itself.
No recommendation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.