JPM Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top JPM on June 11, 2024, netting in a 4.21% gain over 5 days

A.I.dvisor
at Tickeron.com
06/13/24
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+4.21% Gain from a Successful pattern Head-and-Shoulders Top
JPM - JPMorgan Chase & Co
Ticker: JPM
Company: JPMorgan Chase & Co
Gain from shortening: +4.21%
Confirmed: 06/11/24
Succeeded: 06/12/24
Total length: 5 days
On June 07, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for JPMorgan Chase & Co (JPM, $199.95). 4 days later, on June 11, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 12, 2024, the stock hit the target price of $191.93 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a major bank

Industry MajorBanks

Profile
Fundamentals
Details
Industry
Major Banks
Address
383 Madison Avenue
Phone
+1 212 270-6000
Employees
309926
Web
https://www.jpmorganchase.com