JPM, daily
Summary
Primary target remains 27, if fails to hold, then 20s later in the year.
The next quarterly results will probably be a huge reminder to Mr Market that all is not well with the commodity meddler.
Thursday, 5 July 2012
JPM - confirms the bear flag
As noted last week, J P Morgan (JPM) is having some serious issues, and the stock looks very vulnerable. The move today confirms the bear flag, and JPM is now on its way down to make an attempt to break the multi-tested low of 27s
JPM, daily
Summary
Primary target remains 27, if fails to hold, then 20s later in the year.
The next quarterly results will probably be a huge reminder to Mr Market that all is not well with the commodity meddler.
JPM, daily
Summary
Primary target remains 27, if fails to hold, then 20s later in the year.
The next quarterly results will probably be a huge reminder to Mr Market that all is not well with the commodity meddler.
