Today’s instrument is the JPMorgan Chase & Co‘s stock traded in NYSE exchange under the ticker JPM.
Looking at the JPM‘s chart, we can see that there was a significant price increase from around $129 to around $139 on 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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