JPMorgan Chase in a hesitant place - Analysis - 15-02-2019

2019-02-15 13:56:58 GMT (Economies.com)
JPMorgan Chase in a hesitant place - Analysis - 15-02-2019
 

JPMorgan Chase's stock fell 0.65% in the last session, or 0.67 points, after leaning on the support of the 50-day SMA, with positive signals from the RSI, amid the dominance of the downward trend in the short term, while settling below 104.93, representing the ratio 38.2% of Fibonacci retracement levels. 

 

Therefore we expect more losses for the stock, targeting the support of 100.48, which represents the ratio 50% of the same retracement levels, as long as the resistance of 104.93 holds on. 

 

Expected trend for today: Bearish  

 
 
 
  Symbol Last Change Chg.%
1.1221
-0.0052
0.4599%
1.2503
-0.0072
0.5722%
16.211
0.993
6.525%
55.748
-4.585
7.600%
62.83
1.06
1.72%
1425.365
9.870
0.697%
 
 
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