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6 mag 2015 16:21

Bearish technicals. Rejection above bollinger band highs. Short

NYSE:JPM1D
JP Morgan Chase & Co.NYSE

Descrizione

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The price has rejected a break above the upper bollinger twice with long candles indicating that the bears are in control. The 0.764 fib or $62.73 acts as an appropriate target. A stop above the prior highs is appropriate.
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