JP Morgan's most recent trend suggests a bearish bias. One trading opportunity on JP Morgan is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 8.7% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $67.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for JP Morgan is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for JP Morgan is bearish.
The RSI indicator is at 31.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
To fight hackers, Obama wants companies to share threats
Tue, 13 Jan 2015 06:43:59 GMT
J.P. Morgan to Name New Small-Business Banking Head
Tue, 13 Jan 2015 00:14:52 GMT
JPMorgan CEO Dimon says he struggled with disclosing his cancer
Mon, 12 Jan 2015 23:15:01 GMT
JPMorgan CEO Dimon says he struggled with disclosing his cancer
Mon, 12 Jan 2015 23:15:01 GMT
JPMorgan CEO Dimon says he struggled with disclosing his cancer
Mon, 12 Jan 2015 22:43:52 GMT
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