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...
First of all we will need a closure between this area (110.60 - 115.90) If we achieve a closure above 115.93 this month we can easily target 140 After hitting target we will consider closure or add more to our position.
SPY looks to have regained its bullish edge over QQQ in the near-term, I expect banks to lead the pack on the breakout / short squeeze.
I'm watching this for a break or a continuation...
AXP breaks the pennant with the chance to go up to $ 122.XX EMA20 crossing 25, 30 and getting close to 35 Not in the chart: - RSI14: 66.27 RSI21: 59.06 - %B: 1.14 maybe oversold for a while This is not an investment advice of any type.
AXP has completed the back test and confirmed the wedge exit pattern to continue rising. AXP BUY : $102.5 TARGET 1 : $117 TARGET 2 : $130 STOP LOSS : 94.5
AXP shares are in full breakout mode mid-week, busting above Cloud resistance, with potential room to run through the $110 level as cyclical financial names get moving.
AXP - One from trading room looking for a break of $85. Looks good so far! Could consider the $85 October Puts currently $11.00 . Stop 97.22 would consider.
Looking at the daily time frame of AXP, I'm seeing an ascending triangle or possible wedge depending on whether you tightly follow the wicks. Recent rejection from the 55 MA and slowing volume could suggest it will continue sideways, having seen a lot of movement around the 0.236 Fib ratio it's entirely possible it hangs around here for the short term. Definitely...
AXP is looking prime to break through the other 3 out of 4 resistance levels drawn. If it doesn't lets look to see if it revisits support, if it goes below $80, which would be then 2/4 of the support levels broken, it would look to start to be a buy for me. Ideally I would love to buy this in the $75-$69 range if I was presented with another downtrend from AXP. ...
February 20th - March 18th saw a 50% drawdown to AXP, this is a long term play, but also a short-term trade with size.
Video is just few minutes but here is a link to the FRED data set fred.stlouisfed.org Manage your own risk Much love and thanks for watching xoxo snooop
Look at the chart where the price moved out of the Bollinger Bands. I marked two good bullish signals, and the market moved upward after that. The same pattern we have now, but it is bearish. The price is out of the Bollinger Bands, and it bounces from 126.00 resistance. RSI confirms the price reversal. This market gives us a sell opportunity, and we should be...
Hi, today we are going to talk about American Express Co and its current landscape. As nowadays we live in a consumerist society and access to a credit card has continually become easier to obtain, is reasonable to predict that the card debts are also going to rise too, as financial education isn't the strong point of U.S consumers, and are used to the debt...
Hi, today we are going to talk about AXP and its current landscape. We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above. Want to know more about our trades and ideas? Join the Traders Heaven today. Thank you for...