JPMorgan exposed to negative pressure - Analysis - 21-09-2020

JPMorgan & Chase's stock fell 0.21% in the last session, confirming the breach of the upward medium-term trend line, while piercing the support of the 50-day SMA, with negative signals from the RSI despite reaching oversold levels. 

Therefore we expect more losses for the stock, targeting the support of 90.66, provided the support of 96.84 was breached.

Expected trend for today: Bearish