02/12/2015 – J.P. Morgan Chase

Issued: 02/12/2015

JP Morgan, JPM:

1. Our recent Jan. 27 stock report indicated that daily closes above $55.80 in J.P. Morgan Chase would place the stock into a ‘buy’ position for a tradable multi-day advance and test/attempt at $58 (or higher) into next week (week of February 2).

2. On Tues., Feb. 03 J.P. Morgan Chase closed above the $55.80 level (Feb. 3 daily close, $56.72) setting the long trade into motion.

3. Recent market sessions completed the forecast $58 upside target indicating (at least) partial long position exits, as noted in the original update.

4. Today’s (Thurs., Feb. 12) session continue the advance and completed the $59.70 upside target noted in our Tues., Feb. 10 live meeting, effectively completing the trade. Will message any further entry or indication in JP Morgan.

David Williams

Issued: 01/27/2015

J.P. Morgan Chase, JPM:

1. Continued daily closes above $55.80 in J.P. Morgan Chase will place the stock into a ‘buy’ position for a tradable multi-day advance and test/attempt at $58 (or higher) into next week (week of February 2).

2. Today’s (Tues., Feb. 27) session test of the $55.80 level and close the day at $56.20. This is very early confirmation of the above indication. Further confirmation is required into tomorrow. Will update.

David Williams

Issued: 02/11/2015

JPMorgan JPM:

1. Our recent Jan. 27 stock report indicated that daily closes above $55.80 in J.P. Morgan Chase would place the stock into a ‘buy’ position for a tradable multi-day advance and test/attempt at $58 (or higher) into next week (week of February 2).

2. On Tues., Feb. 03 J.P. Morgan Chase closed above the $55.80 level (Feb. 3 daily close, $56.72) setting the long trade into motion.

3. Recent market sessions completed the forecast $58 upside target indicating (at least) partial long position exits, as noted in the original update. Today’s session closed at $58.37. Any remaining long position should be held for the possibility of higher prices to be messaged in a subsequent update.

4. A protective sell stop should be placed at $57.10. This stop will continue to be moved higher as the market continues to confirm

David Williams