JPMorgan collects profits - Analysis - 17-09-2019

JPMorgan & Chase's stock fell in the intraday levels while collecting profits and gathering momentum, as it vented off overbought saturation in the RSI, with the pivotal resistance of 119.27 holding on, with positive support from the 50-day SMA.

Therefore we expect the stock to rise, provided the resistance of 119.27 was breached, targeting the next one at 123.10. 

Expected trend for today: Bullish