AXP is rejecting near resistance with price below VWAP, offering a strong reversal-short profile and attractive reward relative to risk. Fresh post-earnings analyst cuts and weakness following Q2 results support the downside read, while older bullish long-term commentary is less relevant to this swing setup.
📍 Entry: 334.01
🛑 Stop: 336.59
🎯 Target: 325.32
⚖️ R:R: 3.37
📍 Entry: 334.01
🛑 Stop: 336.59
🎯 Target: 325.32
⚖️ R:R: 3.37
monk.trade — Trade setups and market intelligence
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monk.trade — Trade setups and market intelligence
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.