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 in the past quarter, and it was lastly traded at $144.34. This week, JPM is announcing its quarterly earnings and if the market’s anticipation is positive, then it should test its 52W high price at $147.47, otherwise it could fall towards the next support level which is located at around $140.
Source: https://www.fxstreet.com/news/amidst-its-quarterly-earnings-announcement-jpm-is-expected-to-test-its-52w-high-price-at-14747-202307100851