Another short in the financial markets. Short term outlook only. Immediate targets 159, 151. Invalidation at 214. 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. Fibonacci goals, it is prudent to suggest, are nothing more...
American Express best stock to buy at current levels with maximum downside upto 162...may see upside of 20-25 percent in next 6 months
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...
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
Hello traders, Description of the analysis: American Express co. (AXP) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was...
Thanks for viewing, I'll give my technical and fundamental view briefly; Technical; - After the sharp drop from February highs AMEX has under-performed the market - dipping ~51%, - This compares to an over 80% drop in 2009, - The dip was followed by the formation of a rising wedge, which normally indicates continuation of the trend preceding the pattern (which...
Hello friends, I feel in this time, it is important to document. With that being said, I have always felt in the past I was always calling the bottom. With this chain of posting I will post my thoughts on what I think the bottom will be. Most companies are over sold and over leveraged. Hope this finds you well. Happy trading. Disclaimed - This is NOT...
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
American Express patnership will boost ripple in next days The Market pressure of the cross still positive (+5.9) and the bounce on the supporting trendlines can be the impulse needed for the boost to target price 1 and next to the second one. This analysis is based on market pressure for a complete list of market pressure visit my twitter profile.
Monthly Buy trigger set at 76.38. Price has closed and held but still can't break up over 80.69 resistance set Jan 2015. Weekly Most recent buy trigger was set at 78.41 with resistance from August 2016 at 80.91. Bottom Line: Price needs to close above 80.91 week of June 11th 2017 with follow-thru. Should price action follow this scenario then next...
On May 3, 2017, American Express Company crossed below its 50 day moving average (DMA). Historically this has occurred 406 times and the stock does not always drop. The median drop is 4.538% and maximum drop is 45.566% over the next 20 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 50.4969. RSI tends to...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron
Traders, $AXP is offering a short opportunity before an even larger move to the upside. I would naturally expect a reaction off the 1-4 line. However, depending on the violence of the move down we might see lower lows than the 1-4 line level. For now, American Express looks like a good short. Best, Chartistry
68.10 Yearly High 2016 @ 1st Trading Day this Year 64.04 100 SMA 62.69 200 SMA 62.33 low after break out of trading box 61.25 gap - while the sell off @ start of the year 58.85 gap - while the sell off @ start of the year buying trading capability above the trading range (58.85 & 61.25) - the lows in may and june/july supported the upside (even...