I would consider adding even if we
broke below green channel. I'd add at black
trend line. 55.50 to 55.75.
Stop Loss 55
Giving AXP a little more room to move as it's a quality name.
The trend for this stock is a rising one. The higher highs and higher lows, but also the trend line from the RSI confirms it. At the present moment we can see an triangle consolidation near the trend line, on the chart. This pattern is created in the 4th wave of this impulse movement. An upside break over 58.74(accompanied by an upside break om the RSI 56), would...
