The shares of JPMorgan make another attempt to overcome the downtrend from the January maximum. The previous attempt wasn’t successful, the price has rebounded down and renewed the annual minimum.
Now the breakdown of the trend looks more stable, but it still requires confirmation. The strengthening above 127.3 may be considered in this capacity.
If it won’t gain a foothold above the line of trend, the appeared gap on the level of 119.6 will be the first goal of the downward rollback.
This content is for informational purposes only and is not intended to be investing advice.
