Technical Analysis Of JPMorgan Chase & Co. - Monday, July 10
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Today’s instrument is JPMorgan Chase & Co.‘s stock traded in the NYSE exchange under the ticker JPM.
Looking at JPM‘s chart, we can see that there was a significant price increase in the past quarter, and it was lastly traded at $144.34. This week, JPM is announcing its quarterly earnings and if the market’s anticipation is positive, then it should test its 52W high price at $147.47, otherwise, it could fall towards the next support level which is located at around $140.
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