JPM Shares Are Above 3-Month Uptrend Line

 | May 04, 2015 01:46AM ET

JPMorgan Chase & Co (NYSE:JPM) shares are above the 3-month old uptrend line as well as above multiple resistance in the vicinity of $62. Price is at 15 year highs. In my book there is nothing implying that the current uptrend is not intact anymore. Still bullish.

JPM daily chart (3 months)