Wednesday, January 18, 2012

Been waiting for this too: JPM possible trade

It seems GS's earnings have given financials a boost today (?). JPM left a pretty decent gap to be filled and today it got its chance.
 JPM filling the gap

 Intraday JPM filling the gap on declining volume

 The 1 min leading negative I was looking for as we neared the gap top

 JPM 2 min

JPM 5 min

If I wasn't already bloated with financial shorts, I'd be taking a look at JPM in this area.

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