Verified InvestingPublished 2026-09-22
“Nasdaq Hits All-Time High as AI Hardware Surge Drives Tech”
$JPMNo side taken
JPM faces increased downside risk to $325.14 if weekly close < $343.15; near-term bounce expected at support.
Next, a few financial companies were under pressure today and we will start with JPM on the weekly timeframe. It has dropped by 3.42% today and you can clearly see the price falling below the other tail zones on the chart at 343.15.
Now , if we close the week below the 343.15 level, this will increase the likelihood of further downside for JP Morgan with the next support right here on the upward trend line at $325.14.
What they said to watch for