JPMorgan suffers from negative pressure - Analysis - 28-07-2021

JPMorgan's stock fell 0.13% in the last session amid the dominance of the downward correctional short-term wave, with negative pressure from the 50-day SMA, settling thereafter at 151.45. 

Therefore we expect more losses for the stock, targeting the pivotal support at 146.70, provided the resistance of 157.30 holds on.

Expected trend for today: Bearish