$JPMorgan Chase(JPM)$ Is down _老虎社区_美港股上老虎

2021-07-20

$JPMorgan Chase(JPM)$ Is down trend coming for $JPM?

Earnings is above expectation but it didn't pop $JPM above $158 which has become a resistance level. Yesterday it broke $147 briefly and closed at $146.97. This bearish candle could be the start of a down trend as it has broken the up trend line since Nov 2020. With overall market sentiment bearish for this week, a correction could be imminent too. If it doesn't find support at $147, it's time to consider a put.

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