JPMorgan Chase: ⬇️ Sell – JPMorgan Chase reversed from key resistance level 336.86 – Likely to fall to resistance level 320.00 JPMorgan Chase recently reversed down from the key resistance level 336.86 (which stopped the extended daily uptrend in January).
JPMorgan Chase: Sell
– JPMorgan Chase reversed from key resistance level 336.86
– Likely to fall to resistance level 320.00
JPMorgan Chase recently reversed down from the key resistance level 336.86 (which stopped the extended daily uptrend in January) – Intersecting with the upper daily Bollinger Band and the resistance trendline of the daily up channel from March.
The downward reversal from the resistance level 336.86 created the daily Japanese candlesticks reversal pattern Shooting Star Doji.
Given the strength of the resistance level 336.86 and the overbought daily Stochastic, JPMorgan Chase can be expected to fall to the next resistance level 320.00.
Published by:
Elizabeth Sterling