JPMorgan attacks pivotal resistance - Analysis - 15-01-2021

Economies.com
2021-01-15 09:12AM UTC

JPMorgan & Chase's stock (JPM) rose 0.58% in the last session, tackling the pivotal resistance of 141.00 amid the dominance of the upward trend in the medium and short terms, with positive pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels. 

 

We expect more gains for the stock, targeting the resistance of 150.00, provided the resistance of 141.00 was breached. 

 

Expected trend for today: Bullish 

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