JP Morgan’s most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 26.58% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock dropped below the $145.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for JP Morgan is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for JP Morgan is bullish.
The RSI indicator is at 31.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
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Asia Startups Face Tougher IPO Market as Krafton Deal Looms
Wed, 30 Jun 2021 05:01:24 +0000
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Pay Up to Stay Home Is One Company’s Approach to Remote Work
Wed, 30 Jun 2021 04:20:00 +0000
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Didi Prices U.S. IPO at Top to Raise More Than $4 Billion
Wed, 30 Jun 2021 02:35:27 +0000
(Bloomberg) — Chinese ride-hailing giant Didi Global Inc. has raised about $4.4 billion after pricing its U.S. initial public offering at the top of a marketed range and selling more shares, according to people familiar with the matter.Didi sold about 317 million American depositary shares in the offering, around 10% more than originally planned, based on an updated filing on Tuesday. The company priced the shares at $14 each after marketing them for $13 to $14, the people said, who asked not t
Emerging Markets Are Missing Out On The ESG Boom
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The ESG investment trend has exploded on Wall Street, but emerging markets are being left behind in the new financial boom
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