JPM LONG SETUP Early Reversal of Downstrend

JPM

JPM appears to have reversal a long downtrend with

a breakout from a descending parallel channel

The Relative strength is increasing on the oscillator.

I see a target of 129 based on horizontal resistance

and the mid Finonnacci levels of a retracement.

This appears to be a low-risk swing long setup with

immediate upside of 10-15 % to take an entry

when the general market is reversing to the upside.