JPMorgan Chase’s stock price (JPM) extended its gains in latest intraday trading, amid the dominance of the upward secondary wave in the short term, with ongoing positive pressure due to trading above the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels. 

Therefore we expect more gains for the price, targeting the pivotal resistance of $280.25, provided the support of $258.70 holds on.

Today’s price forecast: Bullish

The price of (ETHUSD) returned to rise in its recent intraday trading, amid the dominance of the main bullish trend on the short-term basis alongside a bias line, supported by its trading above its EMA50, and the most important after the price success in offloading its clear overbought conditions on the (RSI), opening the way towards achieving more of the gains.

The price of (BTCUSD) rose slightly in its recent intraday trading, attempting to recover supported by its continuous trading above its EMA50, and under the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, showing the strength of the bullish momentum that is around the price, on the other hand, there are negative signals appear on the (RSI), after the price success in offloading its clear overbought condition previously.

The price of (Brent) rose in its recent intraday trading, preparing to attack the critical resistance level at $67.75, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line, with the beginning of the positive signals on the (RSI), after reaching exaggerated oversold levels, besides the continuation of the positive pressure that comes from its trading above its EMA50.