JPM Long

6 בדצמ׳ 2020

JPM gapped up over the 115.77$ area then retested as support, it held nicely and is now forming a nice wedge pattern back up to 123.50$ resistance area. If it breaks 125$ and holds above 123.5$ as support it has room to run to 140$. I do not expect the government to allow JPM to fail anytime soon and I believe it will get back to pre-pandemic highs.