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Support line breached by Jpmorgan Chase & Co.. This price has been tested at least twice before.

Jpmorgan Chase & Co. has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 153.80 may materialize within the next 16 hours.

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