JPMorgan emits more negative signals - Analysis - 01-04-2020

Economies.com
2020-04-01 13:47PM UTC

JPMorgan & Chase's stock returned lower with a 3.71% loss amid the dominance of the downward short-term trend, coupled with negative pressure from the 50-day SMA, and negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect more losses for the stock, targeting the support of 78.20 anew. 

 

Expected trend for today: Bearish 

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