JPM. Earnings, then a correction

255 is my target here which represents a 10-13% correction from current levels


I doubt we break below 250 before sept.. eventually this stock will head back to the bottom of its long term channel

For now I think we close this gap at 279 .. most likely a bounce will come there because of the daily 20ma


Price could close gap at 292 with earnings and then fade from there

Price could trade inside this wedge for the next year



Logarithmic scale used