JPM is, IMHO, a "best of breed" bank stock. If you're looking for a good long term investment in a financial company, I believe JPM is a top pick and I had just placed JPM on my active alert list Friday for my IRA accounts. I prefer to buy on a dip, so even if it breaks out early this week, I'll look for entry on the first dip. I would look for entry at a dip to the range high (previous R becomes S).