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Chief Market Strategist Gareth Soloway has been an avid swing and day trader since his days at Binghamton University where he studied Economics. After college, Gareth quickly excelled as a financial advisor, helping clients get their financial houses in order. While helping others gain financial... More
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  • JPMorgan Trend Line Breaking: What It Means 0 comments
    Aug 27, 2013 12:59 PM | about stocks: JPM

    JPMorgan Chase (NYSE:JPM) has broken through a major trend line stretching all the way back into 2012. This tells of further weakness in the stock as well as the general market. Just be aware, as this market inches into the holiday weekend, they could float the general market before further downside. Please note the chart below to see the trend line break. Near downside support would be the 200 moving average at $49.25.

    Gareth Soloway

    Stocks: JPM
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