JP Morgan (JPM) May 4, 2015 preview

JPM shares are above the 3-month old uptrend line as well as above multiple resistance in the vicinity of $62. Price is at 15 year highs. In my book there is nothing implying that the current uptrend is not intact anymore. Still bullish.

JPM daily chart (3 months)

jpm

Chart courtesy of http://www.StockCharts.com

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