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Digital News Report – JPMorgan Chase & Co. (NYSE:JPM) will be posting Q3 2010 Earnings before the market opens on Wednesday.
The financial services company closed Tuesday at $40.40, up 67 cents (+1.69%). The share price broke through Monday’s R2 resistance level of $40.15.
The share price jumped another 28 cents (+0.69%) in after-hours trading to $40.68. This is above Wednesday’s R1 resistance level of $40.45.
Analysts expect the earnings estimate to come in between 0.51 and 1.12. On average, of 24 analysts polled, the company is expected to post 0.88.
The stock price is above the 50-day ($38.90) and 100-day ($38.81) moving averages.
By: Tina Brown