Discussion in 'Stocks' started by miguel007, Feb 13, 2011.
Breakout. Next resistance level to watch $48.
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).
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