MarketMotion

AXP - Needs to come down more

Short
NYSE:AXP   American Express Company
AXP - Daily/Weekly H&S setup with weekly EMA cloud turning over to red. MACD cross down. Currently holding the 10/15/21 160P but will be buying the 11/19/21 160P for additional contracts if it decided to bounce higher but remains under stop loss.

Entry: Between now and 167.15

SL: Just above 167.15 on daily candle close

PT: 131.15 - 140.25
Trade closed: stop reached

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