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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