JPMorgan Chase may rise to 235.70 - 241.00

Our pivot point is at 211.1.

Our preference

The upside prevails as long as 211.1 is support.

Alternative scenario

Below 211.1, expect 202.1 and 196.9.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 209.458 and 206.9542).

Supports and resistances

246.3 **

241 *

235.7 **

230.4

219.17 (USD-last)

214.6

211.1 **

202.1 *

196.9 **

Number of asterisks represents the strength of support and resistance levels.