JPMorgan Chase may rise to 213.30 - 217.70

Our pivot point is at 192.

Our preference

The upside prevails as long as 192 is support.

Alternative scenario

Below 192, expect 184.7 and 180.3.

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 197.5755 and 195.1838).

Supports and resistances

222.1 **

217.7 *

213.3 **

208.9

198.07 (USD-last)

194.8

192 **

184.7 *

180.3 **

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