JPMorgan buoyed by upside trend line - Analysis - 26-06-2019

JPMorgan & Chase's stock rose after leaning on the upward short-term trend line, while the RSI reached oversold levels compared to the stock's movements, countered by negative pressure from the 50-day SMA. 

Therefore we expect more gains for the stock, as long as the support of 106.75 holds on, targeting the resistance of 111.50. 

Expected trend for today: Bullish