Jpmorgan Chase & Co. is moving towards a line of 155.31 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Jpmorgan Chase & Co. continues in its current trajectory, we can expect it to reach 155.31 within the next 5 hours.
Related Posts
Supports and resistances are primary concepts of technical analysis. TSLA is heading for an important price of 332.9500 – read about what this could mean for the future.
TSLA is moving towards a resistance line. Because we have seen it retrace from this level in the…
A Channel Up has formed, PFE is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
PFE is heading towards the resistance line of a Channel Up. If this movement continues, the price of…
CVX has broken through a resistance line. It has touched this line numerous times in the last 22 days.
A strong resistance level has been breached at 145.1700 on the 1 hour CVX chart. Technical Analysis theory…