$JPM
Added 2023-10-27 20:07:26 +0000 UTC$JPM lost its 200 Day MA this week and CEO Jamie Dimon announces today that he'll be selling $120 million worth of $JPM stock this year......I suspect he will be selling it very soon if $JPM continues this trajectory.
$BAC is tanking and many finance stocks are in trouble and when $JPM lost the 200 Day MA this week, it was certainly a red flag to me that things were taking a turn for the worst.
Worst case scenario here is that $JPM makes a new low below its October 2022 low. So $100 is a possibility here.
Its Covid Low is at $77.
