JPMorgan ends cautiously higher - Analysis - 21-05-2020
2020-05-21 10:17:45 GMT
(Economies.com)
JPMorgan & Chase's stock rose 3% in the last session amid the dominance of the upward correctional short-term wave, touching the resistance of the 50-day SMA amid positive signals from the RSI after reaching overbought levels.
Therefore we expect the stock to return lower, targeting the next support at 88.06.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.2117
|
0.0120
|
1.0015%
|
|
|
|
|
|
1.3370
|
0.0000
|
0.0000%
|
|
|
Tadawul
|
8694.13
|
-17.99
|
0.21%
|
|
|
|
|
24.100
|
1.853
|
8.332%
|
|
|
|
|
44.815
|
-0.515
|
1.136%
|
|
|
|
|
48.16
|
0.73
|
1.54%
|
|
|
|
|
1830.945
|
54.765
|
3.083%
|
|
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