JPMorgan rises cautiously - Analysis - 12-01-2021

JPMorgan's stock (JPM) rose 0.10% in the last session, settling at  167.49, amid the dominance of the main upward trend in the medium term, with support from the 50-day SMA, while the RSI reached overbought levels.

Therefore we expect more gains for the stock, targeting the pivotal resistance of 172.90, provided the support of 162.50 holds on.

Expected trend for today: Bullish