JPM Consolidating Near All-Time Highs

1 nov

Following its latest earnings release, JPM is consolidating tightly near its all-time highs, showing relative strength by holding steady even as the broader market pulls back. Notably, the price action is resisting the distribution marked by the red line on the RSI. It’s worth mentioning that the first time JPM hit $225 in August, it saw a sharp pullback to the $200 range. This time, however, it’s holding above the earnings gap-up range.
If you’re bullish on the market, this stock is definitely one to keep on your radar.

20 nov

Trade attivo

took profit today (Nov20) on 40% of my position at $241

2 dic

Nota

took another 10% off at 245.80