Jpmorgan Chase & Co. has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 17 days. This breakout indicates a potential move to 91.66 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
BRK.B may be on a start of a new bearish trend after its breakout through this important support level
BRK.B has broken through a line of 481.9500. If this breakout holds true, we could see the price…
A possible move on PFE as it heads towards support
Emerging Channel Up pattern in its final wave was identified on the PFE 1 hour chart. After a…
If AAPL touches 211.4400 it may be time to take action.
AAPL is moving towards a line of 211.4400 which it has tested numerous times in the past. We…