Analyst Upgrade/Downgrade Update Brokerage firm: Buckingham Research Change: Downgrade Previous Rating: Buy Current Rating: Neutral Previous Price Target: N/A Current Price Target: $74
There is a clear support trend line that has formed on JPMorgan Chase & Co. (NYSE:JPM) over the last three weeks. The stock keeps hitting it and bouncing up. This tells smart investors and traders to stay away from shorting the overbought financial stock until it breaks the trend line to the downside. Then investors and traders can short JPMorgan Chase heavily for big profits. Once the trend line breaks, it will collapse down to $80. The trend line break will occur at any daily close below $85.75. In other words, with a daily close on Thursday at $86.11, it is very close. Check out the stock chart below for a visual.
Two massive hurricanes are going put a big dent for bank stocks..most of the car loans and leases gone for toss
JPMorgan now benefits from a nearly unrivaled combination of scale and scope within the United States, creating unique opportunities including its partnerships with other leading firms like Visa and Amazon.
And the reason crypto is getting a boost is tied in with : " JPMorgan Chase & Co. announced Thursday the creation of JPM Coin, a digital coin that uses blockchain-based technology to transfer payments between institutional accounts, according to a news release. The coin, currently a prototype, will be tested on a small group of JPMorgan (NYSE:JPM) clients with the intention of expanding into a pilot program later in 2019."
JP Morgan analysts: Nikola price target $41 Tesla price target $75 Current market: Nikola $25.40 Tesla $432 There are non corrupt explanations for these two contrarian analysis but they don't seem like the most likely explanations to me.
JPMorgan Chase shares are trading higher after the company reported better-than-expected Q3 results. Oct 13, 2020 7:11a ET edit: wait, this is not a JP Morgan thread per se. oddly, no other JP Morgan threads are found, so i'll leave the post as is. 2nd edit: thanks for moving this moderator. obviously i flunk search 101.
this is not consultation or advice. All Indicator lines used as dynamic support and resistance, that change reliance on the price and time. When the price reach and meet one of the indicator, the trend stop, and new trend begin. the system show the next price target at high probability(no 100%). JPM: As long as the price above EMA(orange line) and above the Halfway indicator, the target will be the High target indicator(green line) and the trend is bullish.
this is not consultation or advice. All Indicator lines used as dynamic support and resistance, that change reliance on the price and time. When the price reach and meet one of the indicator, the trend stop, and new trend begin. the system show the next price target at high probability(no 100%). JPM: As long as the price above EMA(orange line) and above the Halfway indicator, the target will be the High target indicator(green line) and the trend is bullish.
