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Breach of 159.28 could mean a start of a bearish trend on Jpmorgan Chase & Co.

Jpmorgan Chase & Co. has broken through a line of 159.28. If this breakout holds true, we expect the price of Jpmorgan Chase & Co. to test 158.43 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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