$AXP posting slightly less than expected earnings $AXP posted slightly less than expected earnings, with the PEAD projecting a neutral outlook for the stock. currently price is trading around the lower boundary of the projected PEAD cone.
AXP trade ideas
AXP earnings 10/23 + 3 month comparison: COF, DFS, MA & VAXP earnings tomorrow, 10/23 pre-market. I was wondering what credit card company is up or down the most in the past 3 months, so I did a simple comparison.
DFS = +11.73%
V = +11.73%
AXP = +10.62% eve-earnings
COF = +10.13%
MA = +3.14%
AXP earnings per share estimate is $1.35 (-35.1% Y/Y) & revenue estimate is $8.71B (-20.7% Y/Y). Over the last 2 years AXP has beaten earnings estimates 88% of the time and revenue 38% of the time. (credit: seeking Alpha) Considering good news is already baked into the share price the evening before earnings call, I don't think there's any short term upside left tomorrow. Good luck and happy trading friends...
AXPi think this is good to pick up or average into on the way down, i don't think american express is going anywhere despite the lack of love compared to MA and V, clearly lagging both so plenty of upside, i think we'll be back to around 120 before christmas, good long term hold too i think
AXP BUY OR LONG - TARGET UP TO $137AXP will confirm the " Symmetrical Triangle" pattern at $108.20 I will open a buy order.
AXP buy : $108.20
AXP target : $137
Stop loss : 6%
Wish you a good deal!
ABC BullishAXP broke up from a S Triangle
Also fell from a bearish Rising wedge
Rising wedges are usually bearish and unlike a triangle, both trendlines pslope the same way
Possible stop under 100 at this point
NV is very high meaning large players are probably buying as they buy on down days
Short is low
Buy red/sell green (o:
Not a recommendation
AXP - buy support zones analysisHello 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 based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
Symmetrical TriangleS Triangle can break up on down.
Possible long entry over 101.4 with a clear uptrend
Not a recommendation
AXP retest of the breakDipping my toe into this one. Break to a higher high and now testing the break
#AXP - American Express 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.
AXP: Where to watch for targets and invalidation on AXP ?Where to watch for targets and invalidation on AXP ?
Thank you and Good Luck!
Get on the American Express before it leaves the station Despite corona, I see an increase in credit card use in the coming months. ALL ABOARD
This is not financial advice, just a random idea!
ABC Bullish Symmetric TriangleNo recent rising wedges noted. I see one in the chart in June but appears to have completed the fall from that one
Possible T2: 140.3 154
Not a recommendation
AXP - A Channel to TradeAXP - potential channel with two take profit points. I'll be selling a 1/3 of my position on each one, letting the rest run.
I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation!
ABC Bullish Symmetric TrianglePossible Break out is 93.5
Stop possibly under 89.5
This one is associated with travel so has not been in the limelight as of late. Has broken upper trendline of S Triangle
ABC Bullish Patterns: Some may want enter when the trendline between the BC leg is broken to the upside. Other may wait until a clear uptrend is in place. A super safe trader may wait until price surpasses the R(resistance) of B. I do not do this because by then, a lot of profit is no longer available. Depending on the stock, I enter when trendline is broken and/or a clear uptrend is in place.
We are all different.
Some follow the trades that are "hot" at the moment. Others like to trade counter the the market and try not to get stuck in the moment. Some do a little of both. We all have to think for ourselves. To me, there is nothing worse than getting stuck with a stock with horrible fundamentals just because everyone else is trading it.
It has been difficult to trade as of late for me, because I felt I was almost being forced to buy stocks I felt were overvalued. But no one can force me to do anything and as long as I do not make the same mistake twice..I am ok (o:
I own this stock but I do not recommend it
