The breakout of Jpmorgan Chase & Co. through the 126.65 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Jpmorgan Chase & Co. to test 128.07 within the next 12 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 126.65 numerous times, Jpmorgan Chase & Co. has finally broken through. Can we expect a bullish trend to follow?
