Hey all, I really like the look AXP is giving for shorts here. I would like it to get *slightly* higher, but I suspect it will when SPY reaches $389. I think this name is going to be a very solid short through November, and I am surely going to play it.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
seemingly the most support so far that ive seen, axp seems like a trooper and through the downtrend should sustain value pretty decently compared to the market as a whole. strong quarterly support below around 125 will most likely be tested, if it holds things are positive
Hey all, I'm not playing this name currently, but I have in the past. I'd look to either exit any AXP long or swing short if I were to play this name- it is backtesting a major trendline, is extended, and is now in a downtrend. This recent rally changes nothing technically- it is a bounce in a larger downtrend, and should present a solid shorting opportunity for...
The PEAD projected a Bullish outlook for $AXP after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Hey all, I just bought some AXP in anticipation of a continued bounce. I think this thing will get up near $150/share, and possibly higher. My SL is at a new 52W low.
Note: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome.
So much for stock selection, American Express ( AXP ) was the first stock on my list, even above AAPL , and...
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products;...
Freebie trade for everyone.
The major Support level at 1500 - 1500 is broken down. Price is finding extreme difficulty to break above 150. There were three gap-up attempts only to close red.
Bearish
Fundamental
- Funds are distributing
- Decent fundamental / earning / EPS
TA
- Momentum theory divergence - first sign of warning
- Price broke below 2 years upward trend rejected
- Price broke below neckline
- Price rejected prior 0.5 Fibo = strong existing trend to the downside
American Express Company, together with its consolidated subsidiaries (“American Express,” the “Company,” “we,” “us” or “our”), is a global services company that provides customers with access to products, insights and experiences that enrich lives and build business success. Our principal products and services are charge and credit payment card products and...
![AXP: [Freebie Trade ] American Express (AXP) (Short)](https://s3.tradingview.com/e/e9LUXHI2_mid.png "[Freebie Trade ] American Express (AXP) (Short)")
