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MarketMotion
Sep 19, 2021 1:55 PM
AXP - Needs to come down more
Short
NYSE:AXP
1W
American Express Company
NYSE
Description
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Sep 19, 2021 1:55 PM
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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Oct 30, 2021 11:49 AM
Trend Analysis
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AXP
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