Closed Below 50 ma today but bounced off trendline (Yellowline ).
Has been trading inside this many channel (Purple lines) ever since its last earnings.
green lines -Long targets
Red lines - Bear targets
Short entry - Below 165.41
Tp #1. 159.62 (Fib support , 100ma daily, 20ma weekly)
Tp#2. 154.94
Long entry - If it bounces off yellow trendline id go long up until Purple channel resistance at 169.50. If it gets rejected, cover. If AXP breaks through 169.50 go long up to 174.
