JPMorgan Chases stock price (JPM) extended its gains in latest intraday trading, amid the dominance of the upward secondary wave in the short term, with ongoing positive pressure due to trading above the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels.

Therefore we expect more gains for the price, targeting the pivotal resistance of $280.25, provided the support of $258.70 holds on.

Todays price forecast: Bullish