Jpmorgan Chase & Co. is quickly approaching 148.83. We expect either a breakout through this line, or a rebound.

Jpmorgan Chase & Co. is heading towards a line of 148.83. If this movement continues, we expect the price of Jpmorgan Chase & Co. to test 148.83 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.