JPMorgan Chase may rise to 213.20 - 217.20

191.7 is our pivot point.

Our preference

As long as 191.7 is support look for 213.2.

Alternative scenario

The downside breakout of 191.7 would call for 185 and 181.1.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 199.7045 and 195.2234).

Supports and resistances

221.2 **

217.2 *

213.2 **

209

199.95 (USD-last)

194.4

191.7 **

185 *

181.1 **

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