J.P. Morgan Chase, JPM:
1. During the week of Sept. 2, J.P. Morgan Chase was forecast to continue to advance from approximately $59.70 to $60.90 (or higher) into the week of Sept. 8 (+1 week).
2. J.P. Morgan Chase has now completed the $60.90 upside target (today’s session high, $61.09, so far). While higher prices remain possible (including a test/attempt at $61.40), initial long position exits should be taken at current prices. Will update.
J.P. Morgan Chase JPM:
1. Yesterda’s (Thurs. Sept. 18) J.P. Morgan Chase session completed the forecast $61.40 upside target noted in our previous update (yesterday’s session high, $61.40). This represented the secondary profit target based upon the original forecast. This completes the trade. Will message any further entry are indication as the market confirms.