Bounced off trendline (White line) Thursday and broke through downtrend line(yellow line) today with more volume. OBV,MACD and RSI are all curving up. target is green line
Alerts et for a break above the Point of Control (POC) Channel break today. RSI crossed above mid-point Targets price $150
WAVE 4 low ending now . so far the peak at 151.50 area is wave A x 1.272 at the high , but in a wave B of this degree I would look for the target of wave A X 1.382 = 156.75 for a peak in late april to may 11 super cycle peak . I am moving to a net long calls as of this post june july and oct calls
Price has broken through upper bollinger band which may inicate a pull back very soon. The bands are set on an 80 moving average verses a 20 MA. May be best to fight FOMO (fear of missing out) and go long after price gets back inside the bands where they reside as a rule (o: The handle low (HL) and Mid Cup (MC) can both provide support. In case of an...
Retracement might happen. SL is tight. Suggested entry 138.22
More sell signals on the daily chart. This time there were many over the past few days for American Express. I was hesitant to call this one a sell after its activity on Friday, but the historical statistics agreed there is plenty more downside. This downside coupled with multiple agreements throughout the rest of the U.S. overbought markets further helped...
I am not licensed or certified by any individual or institution to give financial or investment advice. I think American Express could be in a possible roll/consolidation. I have my horizontal Resistance and Support drawn with the orange lines. Key takeaways are the S&P 500, Nasdaq, Dow (to which AXP belongs), and Russell 2000 are all at Uptrend Resistance; and...
short to lower demand zone for a bounce back up to supply zone
I have alerts at $120, with a plan to ride it up to $130 What are your thoughts? I have left my original prediction from December, and while my drawing is not exact, it is not that far off. They had positive earnings juxtaposed the prior earnings report.
Flopped on earnings.. fell of of support (Whiteline) and 100DMA premarket. first target is 109 which is the double top leg. second target is closing that gap at 98
American Express is moving in a short-term up trend The stock is testing EMA 13 so you can buy Target 131.3 Stop losses 113.54
NYSE:AXP Possible Scenario: LONG Price target: 124 until 8th Jan 2021 Evidence: Price Action This is my idea and could be wrong 100%.
SHORT 119.00 to 118.40 T1 116.65 T2 115.50 SL closing up 119.70
Golden cross = complete Supportive ATR and stochastic
Targets & Trade plan in the pic. Good luck!
I have been holding $AXP for awhile now. Bought in @ $96 , now starting to scale out of my position. Earnings should be January 21st premarket This is not financial advice, just a random idea!