JP Morgan Chase & Co.
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Ready for upward movement after pennant breakout

73
JPM showed relative strength during a market pullback and confirmed a pennant breakout with its close even on a down day. A rotation into banks may provide the volume this needs to see fib targets above. Safe entrance above last market open. Stop loss can be set at the fib below.
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This could possibly make a strong move Monday if it can make it above the fib resistance marked as stop loss and through the point of entry.

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