JPMorgan & Chase's stock (JPM) rose after leaning on the main upward medium-term trend line, with positive signals from the RSI after reaching oversold levels, lending it positive momentum and settling at 164.35, while attempting to shake off negative pressure from the 50-day SMA.

Therefore we expect the stock to rise and target the resistance of 167.25, provided the support of 160.00 holds on.

Expected trend for today: Bullish