JPMorgan receives positive support - Analysis - 13-09-2021

JPMorgan & Chase's stock rose at the opening after leaning on the main upward medium-term trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

Therefore we expect the stock to rise and target the pivotal resistance of 167.30, provided the support of 157.27 holds on.

Expected trend for today: Bullish