Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
September 26, 2013
JP Morgan Chase Chart analysis
JPM Daily chart shows price taking support at its 200 Day SMA. Second chart also shows price taking support at 50.07 - 50.11 support zone.
Last chart shows strong resistance at 50 Day SMA and the presence of the bearish Head and Shoulders pattern.
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