From your JEPI chart, here’s why it looks like a good buy based on technical analysis:

1. Bollinger Bands – Nearing Support 📉

• The price is near the lower Bollinger Band ($57.79), indicating potential support. Stocks often rebound when they touch or get close to the lower band.

• The upper band is at $60.04, suggesting upside potential if the stock rebounds.

2. Recent Pullback – Potential Reversal 🔄

• JEPI has pulled back from its recent high of $59.73 and is now around $57.78.

• The last time JEPI hit the $56.70 - $57 range, it bounced back, showing that buyers step in at this level.

3. KDJ Indicator – Oversold Signal 🟢

• The J-line (13.58) is very low, signaling oversold conditions.

• If the K and D lines (24.15 and 29.44) start turning up, it could confirm a rebound is coming.

4. Dividend Play – Good Time to Accumulate 💰

• If you’re buying JEPI for income, adding near lower Bollinger Band levels gives you a better cost basis while collecting its high dividend yield.

• Historically, JEPI tends to recover after pullbacks, and this level provides a good risk-reward entry.

Conclusion – Smart Buy for Income & Technicals 📈

You’re buying JEPI at a strong technical support level while benefiting from its monthly dividend payout. If it holds above $57, a short-term bounce towards $58.50-$59 is possible.@TigerTradingNotes @Daily_Discussion @CaptainTiger @MillionaireTiger @TigerStars$JPMorgan Equity Premium Income ETF(JEPI)$