American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

JPMorgan regains footing - Analysis - 15-01-2020

Economies.com
2020-01-15 11:49AM UTC

JPMorgan's stock rose while readying to tackle the current resistance of 141.00, amid the dominance of the main upward long-term trend, with support from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, especially if the resistance of 141.00 was breached, targeting the next one at 144.40. 

 

Expected trend for today: Bullish 

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