JPMorgan returns higher - Analysis - 02-03-2021

Economies.com
2021-03-02 12:12PM UTC

JPMorgan's stock rallied 2.26% in the last session amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, amid negative signals from the RSI after attempts to vent off its overbought saturation.

 

Therefore we expect more gains for the stock, targeting the resistance of 158.00, provided the support of 142.55 holds on. 

 

Expected trend for today: Bullish 

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