Potential double bottom setup here. I like this companies financials. It's a credit card company so I'm thinking about the attractiveness of reward points and holiday spending. Even though it's not estimated to be a great holiday season for some, I'm more so thinking about the surcharges and end of month billing here. Chase is also a bank on top of that and just in case they raise interest rates, this may not be a bad move. I want us to reach anywhere between 50-68% of the previous high which was set inn October. I love financials around this time of the year. Let's see what happens!
Not Advice!
Only an Idea!
This trade may end up going wrong. That's the nature of trading! Let's keep getting better!
Not Advice!
Only an Idea!
This trade may end up going wrong. That's the nature of trading! Let's keep getting better!