Stocks

JPMorgan leans on SMA support - Analysis - 21-03-2019

2019-03-21 12:33:16 GMT (Economies.com)

JPMorgan & Chase's stock fell 0.74% in the last session, or 0.77 points, leaning on the support of the 50-day SMA, while gathering momentum to help it rise anew, with negative signals from the RSI, amid the dominance of the upward short-term wave. 

 

Therefore we expect the stock to return higher, as long as the support of 102.20 holds on, targeting the resistance of 107.27. 

 

Expected trend for today: Bullish 

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