JPMorgan surges - Analysis - 19-03-2021

JPMorgan & Chase's stock (JPM) rose 1.65% in the last session. amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, countered with negative signals from the RSI as it vents off overbought saturation in the RSI.

Therefore we expect more gains for the stock, targeting the resistance of 167.50, provided the resistance of 158.00 was breached.

Expected trend for today: Bullish