Jpmorgan Chase & Co. has broken through a line of 124.52 and suggests a possible movement to 123.25 within the next 11 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.
Big movement expected on Jpmorgan Chase & Co. after a breach of 124.52
