JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $61.50 short put and a strike $56.50 long put offers a potential 5.26% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $61.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $56.50 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 66.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
This could be one of the best buys for 2015
Wed, 10 Dec 2014 11:00:00 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/fFhAdUYB8mKmX_15VPiNiQ–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@11d0c78c-bce9-3899-885c-281174203f86_FULL.jpg
Abu Dhabi financial zone prepares to receive licence applications
Wed, 10 Dec 2014 08:47:35 GMT
Reuters – Abu Dhabi's new financial free zone is preparing to receive next year its first licence applications from firms seeking to operate there, after appointing a panel of 16 institutions to advise on its regulatory …
JPMorgan Chase Declares Common Stock Dividend
Wed, 10 Dec 2014 07:00:00 GMT
Former JPMorgan banker gets 6-figure book deal
Wed, 10 Dec 2014 03:21:46 GMT
Former JPMorgan banker gets 6-figure book deal
Wed, 10 Dec 2014 03:21:46 GMT
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