JPM
is modelling the big orange arrow, mentioned on the chart, on its correction movement. For doing so, it has a PRZ of $112.4 zone (somewhen between May and July, 2022). If the price breakdown $127.8 low, both the PRZ and TRZ mentioned on the chart are valid for
JPM
. For the next move, we can expect a buy position using trigger on the bottom of the channel (which is also our PRZ). However, it is too soon for thinking about buying this stock.