$JPM: Uptrend signal in the weekly

$JPM has a very nice and tight reward to risk setup. Upside is substantial, and considering the recent turn of events logical. We likely see some rotation from growth to value next, and financials are looking like a beneficiary of the latest econ data prints.
Best of luck!

Cheers,

Ivan Labrie.

Kommentera:

Decent start...

Kommentera:

Support held, if it holds and goes higher again the trend is valid.

Kommentera:

Very sluggish but still mostly ok perf...if it breaks out again it will accelerate higher.