Trading opportunity 13:30 (GMT+1)

JP MORGAN

On a weekly chart we can see that the stock has reached last week to a diagonal resistance line which faced down.

jpm w 6.6.16

On a daily chart, last Friday, the stock went down with by 1.79% with a gap down, and was closed at a price level of 64.61 when the trading volume was high.
Also, there is a bearish divergence which is already underway.

jpm d 6.6.16

For Forex traders:
Sell between the levels of : 65.00 – 64.50.
Stop loss point : 65.20.
Take profit point : 62.00.

For Binary options traders:
A put option between the levels of : 65.00 – 64.50.
Expiry time : June 10.

One thought on “Trading opportunity 13:30 (GMT+1)

  1. Mor golan's avatar Mor golan June 6, 2016 / 7:19 pm

    Great site, thanks for your tips
    very helpful

    Like

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