JPMorgan Chase & Co. (NYSE:JPM) traded higher on Wednesday, although shares have been in a downtrend so far in 2026. As you can see on the chart, a reversal may have started.The $297 level has been support for JPMorgan since September. Sometimes, an important support or resistance level can retain its importance for a long period of time. This is called ‘market memory', and it's why JP Morgan is the Stock of the Day.Back in September, when JPMorgan fell to $297, it reversed and rallied. When this happened, ...