JPM: Rebound rally running into Cloud Chart resistance! JPM up +28% since the Cloud Chart support rebound!
After finding support at the old CC support zones of 105/09, JPM rallied more than 28% and is now fighting resistance at the bottom end of the CC. Consolidation risk high here if resistance holds.
JPM moving into swing trade profit taking zone after becoming extended from the top end of the CC on the daily CC. Downside risk towards 129 and then the front Cloud support zone of 124!
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