JPMorgan Chase Wave Analysis – 3 July 2025

- JPMorgan broke key resistance level 280.00
- Likely to rise to resistance level 300.00

JPMorgan recently broke above the key resistance level 280.00 (which stopped the earlier sharp upward impulse wave (5) in February).

The breakout of the resistance level 280.00 accelerated the active impulse wave 3 of the medium-term impulse wave (5) from May.

Given the clear daily uptrend, JPMorgan can be expected to rise to the next round resistance level 300.00 (target price for the completion of the active impulse wave 3).