JPM reports tomorrow and has fallen significantly into a strong support zone where it bottomed at multiple pivot lows; this favors a short-term oversold bounce on the banks.
BullishHe framed it in weeks
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Verified InvestingPublished Oct 12 · 2 passages
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We have JP Morgan. We have Goldman Sachs, Wells Fargo reporting tomorrow as well as Cityroup.
JP Morgan reports tomorrow. Same thing. JPM has come down significantly. Notice it came right down into this great zone of support. Look at that great zone right here. Pivot low.
Pivot low. Pivot low. That's where it bottomed. Same general idea. We should be favoring a over short-term oversold bounce on the banks.
What this channel has said about $JPM
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2026-10-12BullishThis one
We have JP Morgan. We have Goldman Sachs, Wells Fargo reporting tomorrow as well as Cityroup.
Direction flip
2026-09-27Bearish
Next here is JPM stock. Now, do you see the model? Head and shoulders model? Because this will be Plan B. Well , there's a very clear pattern , isn't there? The head and shoulders pattern has not yet formed. But it takes shape clearly here, and that's why I love it so much, isn't it? You have this good template here.
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