JPM - Looks heavy

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JPM - Looks heavyJPMorgan Chase & Co.BATS:JPMBtheTradeI try not to just find trades because I want to find them. But when they look obvious, I want to trade them. JPM has bounced off of the same level 5 times in the past month (which happens to be an important previous ATH pivot level). But it looks weak to me. And if the opportunity presents itself for a short trade up at these levels, I will take it toward that level, with profits there and runners for beyond. Before anything, I am looking for this important level at $343.33 to get "grabbed" i.e. failed and rejected. The stop that's identified here is temporary and will be adjusted once price proves itself further. Happy Trading :)