JPM - JPMorgan Chase: Lackluster And Risks Are Rising (Technical Analysis)
2024-06-26 08:00:00 ET
Summary
- We have a lackluster view on JPM due to a crowded market, high price/book ratio, and potential earnings stagnation.
- Safer Banking Research highlights risks in largest U.S. banks, including JPMorgan Chase, particularly in credit card loans and asset quality metrics.
- Elliott Wave analysis, done correctly, can provide favorable risk reward opportunities going forward in JPMorgan Chase and other similar names.
By Levi at Elliott Wave Trader; Produced with Avi Gilburt ...
JPMorgan Chase: Lackluster And Risks Are Rising (Technical Analysis)