JPMORGAN continues its negative trades - analysis - 06/05/2016

JPMORGAN shares closed lower on Thursday trades by (-0.33) point or (-0.54% )  from the previous closure, as the price returned to fall passing the level 61.65 that represents 61.8% correction level for the previous decline to face the support level 60.80 during the current trades represented by 50% correction level.

The continues of the previous decline requires the stability below 60.80 support to target then the next support at 58.60, but the stability of the current support will push the price up again to retest 61.56 resistance level.