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JPMorgan Stock - primary daily bullish reversal will be started with 143.93 possible taget to re-enter

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by , 04-14-2022 at 04:13 AM (1755 Views)
      
   
JPMorgan (NYSE: JPM) is scheduled to report its fiscal Q1 2022 results on Wednesday, April 13, 2022. We expect JPMorgan to post strong results, with revenues being in line (just ahead) and earnings beating the expectations.

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Daily price is located below Ichimoku cloud in the bearish area of the chart. The price is trying to cross 127.27 support level to below for the bearish trend to be continuing. Alternatively, if the price breaks 137.41 resistance level to above so the primary daily bullish reversal will be started with 143.93 possible taget to re-enter.

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