AXP is approaching its resistance at 110.57 (100% Fiboancci extension, 50% Fibonacci retracement, horizontal overlap resistance) where we expect to see a reversal.
Stochastic is approaching resistance as well and a bearish divergence with price has been identified that contributes to our bearish bias.
Stochastic is approaching resistance as well and a bearish divergence with price has been identified that contributes to our bearish bias.