JPMorgan gives in to negative pressure - Analysis - 06-12-2021

Economies.com
2021-12-06 11:48AM UTC

JPMorgan's stock (JPM) fell 1.81% in the last session while hurt by piercing the upside trend line recently, with negative pressure from the 50-day SMA.

 

Therefore we expect more losses for the stock, targeting the support of 150.40, provided it settles below 160.08.

 

Expected trend for today: Bearish

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