- JPMorgan Chase reversed from support zone
- Likely to rise to resistance level 296.00
JPMorgan Chase recently reversed up from the support zone between the support level 280.00 (former multi-month high from January), support trendline of the daily up channel from April and the 38.2 Fibonacci correction of the upward impulse 1 from May.
The upward reversal from this support zone continues the active intermediate impulse wave (5) from the end of May.
Given the clear daily uptrend, JPMorgan Chase can be expected to rise to the next resistance level 296.00 (top of the previous impulse wave 1).
- Likely to rise to resistance level 296.00
JPMorgan Chase recently reversed up from the support zone between the support level 280.00 (former multi-month high from January), support trendline of the daily up channel from April and the 38.2 Fibonacci correction of the upward impulse 1 from May.
The upward reversal from this support zone continues the active intermediate impulse wave (5) from the end of May.
Given the clear daily uptrend, JPMorgan Chase can be expected to rise to the next resistance level 296.00 (top of the previous impulse wave 1).
By the FxPro Analyst Team
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Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。