SamSuka
The Long Investor
The Long Investor

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$JPM

$JPM's price action has been nothing more than impressive and it is still holding above the ascending triangle support line and it is just sitting there waiting for the 200 Day MA to come up to it.....so when all of the Mega Caps are declining down to their 200 Day MA, $JPM has barely moved and holding strong, waiting for the 200 Day to move up to them.

This is incredible strength.

So the $SPY and Mega Caps could all hit their 200 Days around the same time and $JPM has suffered little pain doing the same.

$JPM

Comments

I used to say the same for Credit Suisse but thanks god I have my money in UBS !

makis

JPM is the strongest bank in the country

Steve Suric

Certainly if it holds its 200 Day MA

Gareth Neary

Is this a good long term hold? I own 0 bank/financial institutes stocks

makis


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