Dec. 6 at 1:18 AM
Actionable Trade Alert for
$JPM:
Market Context:
$JPM is currently trading at
$316.1, showing a strong bullish sentiment as indicated by an RSI of 56.94, which suggests potential upward momentum. The stock is above its 30-day MA of
$307.36 and 50-day MA of
$306.85, reinforcing a positive trend. The recent 60-day high of
$322.25 indicates resistance, while the low of
$290.54 provides a solid support level.
Directional Bias: The current price above the moving averages and the RSI indicates that
$JPM is likely to continue its upward trajectory.
Trade Plan:
- Suggested Entry:
$316.1
- Stop Loss:
$308.0 (approx. 2.5% below entry)
- Take Profit Targets:
- Target 1:
$322.0 (1.85% gain)
- Target 2:
$328.0 (3.75% gain)
- Target 3:
$370.0 (17% gain)
This strategy allows for a favorable risk-to-reward ratio while aiming for a significant return on investment.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
