JP Morgan Chase
Long

Bullish despite risk of a second wave!

161
Welcome to an analysis afer a three-months-break.

This Time: JPMORGAN CHASE & Co.

Technical:
Flag: Bullish
Fib: 50% Retr. -> Bullish
RSI: Bulllish
MA 200: Bullish

Fundamental:

I have to admit that my concerns concerning a second wave of coronavirus where quiet big. But i personally think that even if there will be a second wave (small chance) that most of the traders worldwide will consider it as not that dramatic because the government gained experience.

And they just think that the coronavirus isn't that devastating.

Best Regards
Christian Georgi

(Sorry for any writing mistakes!)

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