TECH Buy 07.01.2026 08:20
JPMorgan Chase & Co.: wave analysis
The price is in correction, the probability of growth is maintained.
On the daily chart, the development of the fifth wave of the higher level 5 continues, in which the third wave (3) of 5 has been completed, a correction as the fourth wave (4) of 5, and the construction of the fifth wave (5) of 5 is underway. On the four-hour time frame, the third wave of the lower level 3 of (5) has appeared, and wave i of 3 is also developing. If the assumption is correct, the upward dynamics will accelerate to the area of 352.00–370.00, and the critical stop-loss level for this scenario will be 318.70.
Indicators
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Buy
Overall recommendation Buy