Stock Watch: AXP (American Express Co.) 🚨
We're eyeing AXP for a strategic multi-entry swing trade based on strong technical structure and long-term potential. Here's the plan:
📌 Entry Points:
1️⃣ $248 – First touch on short-term support
2️⃣ $234 – Healthy correction zone
3️⃣ $219 – Strong base of demand
🔻 Deeper Load Zone: $195 – Long-term trendline + major accumulation area
💰 Profit Targets:
✅ $285 – Previous resistance / key breakout level
✅ $300 – Psychological barrier & momentum zone
✅ $310+ – Blue sky potential 🚀
This laddered entry strategy gives us great risk management while maximizing upside. AXP remains a solid name with strong fundamentals, making it a low-volatility winner in volatile markets.
📊 Ideal for patient traders and swing setups.
⚠️ Disclaimer: This is not financial advice. All investments involve risk. Please do your own research or consult a financial advisor before making any trading decisions.