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    Bearish on JP Morgan

    By Stock Charts | March 3, 2008

    JP Morgan, Inc.’s (JPM) stock chart looks pretty bearish at the moment, along with the rest of the financial sector. In Friday’s trading session the stock dropped below support levels, and the MACD is turning down. With a recession looming on the horizon, it could be a good short opportunity.

    JP Morgan Stock Chart

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    Topics: Stock Charts | No Comments »