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Jpmorgan Chase & Co. – breach of price line thats been previously tested numerous times before

Jpmorgan Chase & Co. has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 16 days and suggests a possible target level to be around 127.51 within the next 16 hours.

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