Nice recovery by AXPAmerican Express is making quite a nice recovery since its 2016 low and it appears to be unfolding as an impulse wave requiring one more down-up sequence before being completed. Once over a larger decline will ensue. Magnitude unknown. by yauger6
AXP long position I have been triggered now waiting for it to hit my targets, i expect some resistance and sideways action before continue higher. Longby atrdes2
Horizontal ChannelThe stock is making an horizontal channel. If the price go low, is time to go short with a target price at 77Shortby jofr442
American Express set to challenge 2014 highMonthly 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 resistance levels will be 87.54 from monthly chart and then 93.02/.04 from both the weekly and monthly charts Longby mxb1961Updated 4
American Express Looking For Bearish Gap FillOn 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 determine trends, overbought and oversold levels as well as likelihood of price swings. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock has been slightly volatile. It is currently trending down since the recent post-earnings gap up. The stock can continue to go down with less volatile price swings. The true strength index (TSI) is currently 2.3520. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock was trending down, but has recently turned upward. This indicator is typically delayed so the bend upward is not always indicative of further upward movement. The positive vortex indicator (VI) is at 0.9408 and the negative is at 0.8340. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock has been neutral since the post-earnings gap up. With both indicators below 1, anything can happen. The stochastic oscillator K value is 57.5145 and D value is 69.9118. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals and short-term activity. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The current reading declares the stock exited overbought territory and should continue to decline. Considering the moving average crossover, RSI, TSI, VI and stochastic levels, the overall direction appears to be pointing down. Based on historical movement compared to current levels and the current position, the stock could drop at least 2.70% over the next 20 trading days. Shortby StockSignaler5
longI like this stock and this is why: I love it because there is a nice support line. The stock bounced at it today so this is positive for a potential. I like the candle because that is a perfect doji and a doji shows indecision and indecision after a down move like that is usually signs of a reversal. I also like it it because the stock had great earnings and the stock did a nice move on the uspide and normally after a nice move up like that , you see a retracement and this is what happened and after a retracement there is great chance that there will a continuation of the trend and this is what i think will happen. Longby WilliamL3
AXP breakout or breakdownAXP fell out of its uptrend and is now re-testing the first fib retracement. JPM releasing earnings Thursday morning before the bell, and they will likely set the tone for the rest of the financials. Based on that earnings report and how AXP reacts to this support, you can enter into a long or short position with limited risk.by kyle.tate014
BLACK CARD (2) corrective mode before heading high. looking for good entry area by traderjoejoeUpdated 5
axp - long - american expressBeautiful bullish engulfing right in my action zone As part of my swing trading strategy i scan for trending stocks that have pulled back into my action zone for this i use an action zone between a 10sma and 30ema Longby wolfstreetswinger6
Short to trend and then longOnce reversed, go short to trend line. This is along game, circa 2 years!Shortby pipinsight1
AXP @ 1h @ still best conservative tec. & fun. big finance shareTake care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) AaronLongby Devise2Day3313
AXP Buying OpertunityMy prediction is that AXP will be very volatile in the morning and could begin in a downtrend, until MACD crosses & <0. William %R is showing that it extremely oversold and therefore could continue going down in the morning or go up. Its also hitting the bottom Bollinger band meaning that it will go up the momentum, rsi indicators are going in my favor. CCI is showing bearishness but has a chance to reverse and cross the 0 line once the market returns somewhere close to neutrality. MY PLAN: Watch it in the morning, hopefully it'll fall and I'll get it even more on a discount, and purchase in the afternoon (I'm thinking 10am--1:00pm) Pacific Time. ALSO They have an earnings report coming up where the stock is expected to do +.99by DimaShkola1
American Express CompanyBuy the shares of the correction above the level of 74.60 with the target at 80.00Longby Sandra19804
American Express CompanyComprar las acciones de la corrección por encima del nivel de 74.60 con el objetivo en 80.00Longby Sandra19806