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JP Morgan (JPM) Flagging After Post Earnings Bullish Reversal

JP Morgan (JPM) Flagging After Post Earnings Bullish Reversal

by | Jul 20, 2022 | Chart SetUps

JP Morgan (JPM) shares forming a double inside day after the recent run up post earnings last week and now flagging right at 21-day EMA with monthly VPOC at 116.25 overhead a first target and then potentially a move to the other side of value near 121.50. MACD also a recent bull cross as the stock reversed higher off fresh lows. Good risk/reward setup to trade against the 8 EMA at 113.