Shares of JPMorgan Chase (NYSE:JPM) are hammering on major support at $105. Not only has this price point been a former pivot-low multiple times in the last six months, but it is also the daily 200-day moving average.
Here's The Buy
JPMorgan is a buy as long as it holds $105. If it breaks that level, there is significant downside, so exit immediately. Next stop would be $94.