There's a buying opportunity in this big U.S. bank, according to the charts

CNBC Top News ·

There's a buying opportunity in this big U.S. bank, according to the charts

When looking through charts, I tend to focus on strength and look for potential movers or stocks that just have broken out. …

When looking through charts, I tend to focus on strength and look for potential movers or stocks that just have broken out. This week, I took a different approach and found a giant that is seemingly on the ropes but looks ready to fight back – JPMorgan Chase (JPM) . It's no secret that the financial sector has been the worst performing sector year to date. The State Street Financial Sector ETF (XLF) is down 5.3% for 2026. Now the financials face the possibility of rising rates. …

Original source: CNBC Top News

Mentioned

CNBC · Citi · United States · NATURE · United Nations Security Council · Morgan Stanley