i think this is good to pick up or average into on the way down, i don't think american express is going anywhere despite the lack of love compared to MA and V, clearly lagging both so plenty of upside, i think we'll be back to around 120 before christmas, good long term hold too i think
Comment:
cool little run here on american express, going to take some off here ahead of earnings, it's pretty overvalued in this range and hitting an area of selling pressure on the chart, of the major card companies this one is expected to have the most growth but it looks like that could already be priced in here allowing for a chance of an earnings disappointment, still think it's fine to hold longer term though