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Wajeeh Khan

Down 7% from Its All-Time Highs, Should You Buy the Dip in JPMorgan Stock?

JPM JPMorgan

JPMorgan (JPM) shares inched down on April 14 even though the largest U.S. bank reported better-than-expected financials for its Q1, featuring record markets revenue of about $11.6 billion. 

Following the post-earnings dip, JPM looks headed to challenge its 100-day moving average (MA), with a decisive break below the $306 level expected to accelerate bearish momentum in the days ahead. 

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