JPMorgan ends cautiously higher - Analysis - 22-04-2021

Economies.com
2021-04-22 12:03PM UTC

JPMorgan & Chase's stock rose 0.85% in the last session amid positive signals from the RSI, amid the dominance of the downward correctional short-term wave, while hurt by piercing the upside trend line recently, and by negative pressure from the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the support of 142.72, provided the support of 148.90 was breached. 

 

Expected trend for today: Bearish 

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