JPM is now in a good position towards bouncing to the top of its trending channel off the trend line (after two measured legs down).
Trigger level with a stop order - 39.70.
Stop loss is at 38.10 level - below major support line.
Target is 43 area - an area of major resistance.
Trigger level with a stop order - 39.70.
Stop loss is at 38.10 level - below major support line.
Target is 43 area - an area of major resistance.