JPMorgan stock remains in a long-term bullish trend, with strong upside potential toward $370–$378 per share. Buying on retracements and confirming entries with candlestick patterns provides the best stock trading signals and risk-reward setup.
JPMorgan Stock Trading Signals
JPMorgan Chase (JPM) stock has been in a consistent medium- to long-term uptrend since 2017. Over this period, the stock has maintained a steady bullish trajectory, supported by multiple corrections that have provided opportunities for new entry points.
During this upward movement, JPMorgan stock experienced a first and second correction, both marked by minor declines. After completing the second correction, the technical outlook suggests that the stock could continue its bullish momentum, with a projected price target of $378 per share. This projection is based on the measured move between the bottom of the first correction and the top of the second.
JPMorgan Stock Trading Strategy Today
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Buy Signal Zone: The strategy relies on price declines during retracements. The first major buy signal was triggered near $220 per share.
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Current Trend: JPMorgan stock continues to offer buying opportunities, with the bullish target aligning with the $378 level — the same magnitude as the previous price swing.
JPMorgan Stock Trading Signals
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Entry Point: Preferably buy JPM stock around the current level near $311 per share.
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Target Price: Aim for $370 per share to secure profits.
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Stop Loss: Consider placing a stop loss below $280 per share to manage downside risk.
Key Technical Considerations
It is important to monitor Japanese candlestick patterns before entering new positions. Traders are advised to wait for the confirmation of bullish candlestick formations before executing buy orders, as this increases the probability of a successful trade.
Summary: JPMorgan stock remains in a long-term bullish trend, with strong upside potential toward $370–$378 per share. Buying on retracements and confirming entries with candlestick patterns provides the best stock signals and risk-reward setup.
