TECH Buy 14.05.2025 08:02
JPMorgan Chase Co.: wave analysis
Growth is possible.
On the daily chart, the fifth wave of the highest level 5 forms, within which the wave (3) of 5 and the correctional fourth wave (4) of 5 ended. Now, the fifth wave (5) of 5 and the first entry wave of the lowest level 1 of (5) are developing. If the assumption is correct, the asset will grow to the area of 280.70–300.00. In this scenario, the critical stop loss level is 238.00.
Indicators
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Active Buy
Overall recommendation Buy
Overall recommendation Buy