JPMorgan Chase Gaps Then Craps

JPMorgan Chase & Co. JPM opened nicely higher this morning after reporting earnings that beat expectations. While the earnings were solid, the stock could not hold the gains and has fallen sharply, now trading at $46.06, -0.58 (-1.24%). The key to this level is the even number and double bottom shown on the chart below. This could be a solid level for support on JPMorgan for a bounce. Gareth Soloway InTheMoneyStocks.com