Technical Analysis Of JPMorgan Chase & Co.
Photo by Maxim Hopman on Unsplash
Today’s instrument is JPMorgan Chase & Co‘s stock traded in the NYSE exchange under the ticker JPM.
Looking at JPM‘s chart, we can see that there was a significant price increase from around $129 to around $139 last Friday which was due to the better-than-expected earnings announced on that day.
It was lastly traded at around $141.40 and today if the uptrend continues, we could expect it to test its 52W high price at $144.34, otherwise, it should drop towards its support level at around $138-138.50.
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