JPM Shows Professional Trader Profit-TakingAfter earnings news, JPM had a strong run up; now, it is stalling as Professional Traders take profits at the new high.
JPMC34 trade ideas
Bearflag on JPM inside a rising wedge on the 15min chartThis bearflag has a resistance at 130.09 which is also my stoploss. Otherwise it is looking good for a push down.
JPMWhat a strong move post earnings for the past few weeks posting higher lows on daily. Also formed raising wedge. Seems like it is due some correction before pushing higher.
Swing JP MorganJPM is breaking out of long term resistance with a good earnings report and just as long term interest rates are starting to rebound. XLF looks strong.
JPM and other banks double top and MACD divergenceJPM and other banks double top and MACD divergence looks to be rolling over and MACD seems to show we should be headed to $117. Picked up some Oct 25 expiration 117 puts for 51c
JPMORGAN Daily Chart Short After AB=CDJPMORGAN price break few trendlines and now end AB=CD
Price can easily go down to retest trendline breakout and clear the CD leg.
JPMVery nice move post earnings finally pushing through hard resistance. No reason to chase. In watch list seeing how it will develop in coming weeks.
JP Morgan unwilling to match SoftBank’s perks to WeWork CEO AdamWeWork but WeDon’tGetPaid.
That’s the grim reality J.P. Morgan Chase bankers are facing now that WeWork is close to accepting a deal to sell control of the office-sharing company to SoftBank in a debt and equity package.
J.P. Morgan would have been the so-called “lead left” adviser on WeWork’s IPO and lead financier on an associated $6 billion credit facility, two roles that would have brought in millions in fees. J.P. Morgan is also WeWork’s third-largest external shareholder -- client money rather than bank asset capital -- behind SoftBank and Benchmark.
Instead, the bank will collect a smaller fee for raising money that WeWork won’t use, according to a person familiar with the matter.
In the three weeks since WeWork withdrew its IPO filing, J.P. Morgan has been trying to secure alternative financing to save WeWork, which was set to run out of cash by mid-November CNBC reported last week. The bank has held talks with more than 100 investors to try and pull together a $5 billion debt package — an alternative to SoftBank’s bailout plan.
J.P. Morgan has raised the money but won’t overvalue the company by putting in more equity, according to a person familiar with the matter. The bank also refused to add in a tender offer to its bailout package that would give co-founder and ex-CEO Adam Neumann a path to sell more shares, said the person, who asked not to be named because the plan is confidential. Additionally, SoftBank is paying hundreds of millions to Neumann to leave the board of directors, give up his voting shares and support SoftBank’s takeover, according to Axios — something J.P. Morgan was also unwilling to do, the person said.
CNBC’s David Faber first reported earlier Monday that WeWork is planning on rejecting J.P. Morgan’s financing plan in favor of SoftBank’s, which combines debt and equity. SoftBank is planning on investing between $1 billion and $3 billion in a tender offer, in addition to accelerating a $1.5 billion equity infusion and $5 billion in debt financing, with other syndicates, people familiar with the matter said.
WeWork’s board is likely to meet on Tuesday to finalize details about selling control of the company to SoftBank, said the people, who requested anonymity because the discussions are private.
J.P. Morgan CEO Jamie Dimon had worked personally with Neumann on trying to get the company into the public markets. Dimon has made a point of breaking up the Goldman Sachs-Morgan Stanley tech IPO duopoly and has touted his bank’s recent success.
“We’ve made huge progress in Silicon Valley,” Dimon said at a roundtable discussion in Silicon Valley last year.
Analysis of JP MORGAN 18.10.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 121.40
• Take Profit Level: 123.00 (160 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 119.00
• Take Profit Level: 118.50 (50 pips)
USDJPY
A possible long position at the breakout of the level 108.75
GOLD
A possible short position in the breakdown of the level 1484.00
USDCHF
A possible short position in the breakdown of the level 0.9865
GBPUSD
A possible long position at the breakout of the level 1.2920
JP Morgan double topPrice formed double top with divergence on RSI, waiting for the break of the neckline to short. Target MPO at the support zone below.
JPmorgan long idea by bluepiplong in levels ...
leave your like and comment's about my analyze on the posts ....
Following the previous 4H analysis .
JPM 20 % upside a real possibility after that earning reportJPM check my previous post. Price fell back an consolidated since the post but a breakout looks likely after the great report today.
Reverse Head and Shoulders buildingLong term projection. Perhaps more profitable yield curve could trigger the move.
Weekly Ascending triangle on JPM, $145-150 target?JPM currently has an ascending triangle forming the weekly, with a flat line of resistance around 118 and a rising line of support. Price is getting toward the end of the pattern here, and we had a bit of a false break-out into a decent sell down. However, price is still respecting the rising trend-line support and it had a decent buy-back before last weeks weekly close. The measured move of a potential break-out would give us a price target around $145-150.
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MA Guide (All weekly for this post):
50 MA in Green.
200 MA in Red.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
JPM: correction underway?Increase bearish stance according to our proprietary technical scoring methodology.
Gann squares highlighting the repeating sequence.
Look at that MACD crossover!
Time to exit: +-/ 18 October 2019
JPM Under Buyback Mode Momentum RunJPM shows classic Buyback price action, resulting in a momentum style run recently. The stock is now at a long-term resistance level from prior years. The Buybacks are now facing Dark Pool Quiet Rotation™ at this price level.
LONG - JPM - Trading OpportunityNYSE:JPM trying to break the resistance that has been stopping it for the past 2 years, with the monthly candle closing tonight, it will probably have completed the breakthrough, which means that a good entry with a stop loss below is quite the safe trade, as it hasn't pumped much past the resistance, but enough to confirm our idea.
Target 1: 136
This is where we will take our first share of profits, then we will proceed with a trailing stop-loss.
SL: 106.99
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