JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $59.50 short put and a strike $54.50 long put offers a potential 9.89% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $59.50 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $54.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for JP Morgan is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for JP Morgan is bullish.
The RSI indicator is at 77.06 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
GTECH agrees new $2.6 bln multi-currency credit lines
Wed, 05 Nov 2014 07:21:34 GMT
Reuters – Italian lottery group GTECH said on Wednesday it had entered a $2.6 billion five-year senior facilities agreement with a syndicate of 20 banks. The agreement provides for a $1.4 billion multi-currency …
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Wed, 05 Nov 2014 03:27:10 GMT
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Tue, 04 Nov 2014 22:34:00 GMT
JPMorgan Faces Probe Over FX Rigging, Ups Legal Reserves
Tue, 04 Nov 2014 22:06:32 GMT
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