JPMorgan amid positive outlook - Analysis - 12-02-2020

Economies.com
2020-02-12 14:11PM UTC

JPMorgan & Chase's stock rose 0.19% in the last session with support from the 50-day SMA amid the dominance of the main upward trend, with negative signals from the RSI as the stock vents off overbought saturation in them. 

 

Therefore we expect the stock to rise and target the resistance of 140.99, as long as the support of 135.58 holds on. 

 

Expected trend for today: Bullish 

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