06.07.2016 - Shares of J.P. Morgan Chase & Co will probably continue to decline

Price of J.P. Morgan Chase & Co continues to decline after leaving a local ascending channel and fixing beyond it. As a result of breaking through the level 60.80, we expect a continuation of the negative dynamics in the near future to 57.50 and 55.00. Growth is limited by a local maximum around 62.00. We expect a decline in of prices in the near future and medium term.

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