JPMorgan Chase may fall to 177.10 - 181.40

Our pivot point is at 202.9.

Our preference

Eye 181.4.

Alternative scenario

The upside breakout of 202.9 would call for 210.2 and 214.5.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is below its 20 day moving average (197.6095) but above its 50 day moving average (194.8092).

Supports and resistances

214.5 **

210.2 *

202.9 **

199.9

196.3 (USD-last)

185.7

181.4 **

177.1 *

172.9 **

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