JPMorgan gives in to negative pressure - Analysis - 10-06-2019

2019-06-10 09:58:07 GMT (Economies.com)
 

JPMorgan & Chase's stock fell 1.10% after touching the resistance of the 50-day SMA, while trading alongside the upward short-term trend line, while gathering momentum to help it rise anew and venting off overbought saturation in the RSI. 

 

Therefore we expect the stock to return higher, as long as the support of 106.75 holds on, targeting the important resistance of 111.50. 

 

Expected trend for today: Bullish  

 
 
 
  Symbol Last Change Chg.%
1.2136
-0.0037
0.3068%
1.4116
-0.0020
0.1390%
Tadawul
10322.68
86.96
0.85%
27.395
-0.409
1.473%
65.391
-0.001
0.002%
68.55
0.41
0.60%
1830.145
-14.080
0.763%
 
 
News Today