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After testing 120.83 numerous times, Jpmorgan Chase & Co. is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of Jpmorgan Chase & Co. towards 120.83 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 14 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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