TECH Buy 01.10.2025 08:27
JPMorgan Chase Co.: wave analysis
Growth is possible.
On the daily chart, the fifth wave of the highest level 5 forms, within which the third wave (3) of 5 and the correctional fourth wave (4) of 5 ended, and the fifth wave (5) of 5 develops. Now, the third wave of the lowest level 3 of (5) is forming, within which the wave i of 3 has ended. If the assumption is correct, after the correctional wave ii of 3 the asset will grow to the area of 352.00–370.00. In this scenario, the critical stop loss level is 290.28.
Indicators
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Buy