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Stock Pick of The Day-JP Morgan Chase & Co.
Jul 15, 2009

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Larry Swing

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Stock of the Day – JP Morgan Chase & Co (JPM)

Close – 34.70

Strategy – Long

MACD – -0.17

RSI – 56.43

 

The stock has got strong support at $31 levels. Taking into consideration the excellent results from various companies, one can witness some strength in the markets. Short to medium traders can go long on the stock and book profits around $39 levels.

 


...thanks for the trust you've shown in me and my business.

by Larry Swing
larry@mrswing.com
May the swing be with you...

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JPM
C:38.2800

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