Still bullishAlthough it broke the support, 200 MA, and Costco is not accepting AMEX amy more I like the Stocastics with increased volume and a nice hammer, Doji
Good Option volume for covered calls.
AXP trade ideas
AMERICAN EXPRESS @ 30 min. Chart @ Outbreak still shiftedactuallity basic downside trendline
66.71 (08.09.16) start of the actuallity downside trendline
66.09 (12.09.16) end of the actuallity downside trendline
63.90 (23.09.16) where the extended trendline was on last trading day
63.85 (23.09.16) Friday (last trading) Closed
66.09 (12.09.16) based on actuallity downside trendline (end of the actuallity down side trendline)
64.13 (05.08.16) based on actuallity downside trendline (1st low of trading range in an higher broader trading zone)
65.08 (22.09.16) 1st target after false breakOUT of the actuallity downside trendline
trading range in an higher broader trading zone
66.28 (23.08.16) 3rd high of trading range in an higher broader trading zone
66.25 (08.08.16) 2nd high of trading range in an higher broader trading zone
66.09 (12.09.16) 1st high of trading range in an higher broader trading zone
64.13 (05.08.16) 1st low of trading range in an higher broader trading zone
64.41 (16.08.16) 3rd low of trading range in an higher broader trading zone
64.52 (08.08.16) 2nd low of trading range in an higher broader trading zone
64.57 (09.09.16) 4th low of trading range in an higher broader trading zone
63.85 (23.09.16) Friday (last trading) Closed
higher broader trading zone
66.70 (08.09.16) 3rd high of the higher broader trading zone
67.33 (21.04.16) 1st high of the higher broader trading zone
66.58 (07.06.16) 2nd high of the higher broader trading zone
63.85 (23.09.16) Friday (last trading) Closed
63.16 (16.09.16) 3rd low of the higher broader trading zone
63.18 (02.08.16) 2nd low of the higher broader trading zone
62.88 (21.07.16) 1st low of the higher broader trading zone
high of the higher broader trading zone
63.96 (23.09.16) 100 Daily SMA
63.85 (23.09.16) Friday (last trading) Closed
63.41 (18.08.16) Golden Cross BUYING Signal
62.51 (23.09.16) 200 Daily SMA
63.38 (20.06.16) high before BreakDOWN & trend-reversal-formation
63.27 (23.06.16) high before BreakDOWN & trend-reversal-formation
62.30 (19.05.16) low before a trend-reversal-formation was created (while june & july)
Take care
& analyzed it again
- it`s always your choice ...
Best regards
4XSetUps
Watching but could be a good entry Price action has been consolidating for AXP shares since the triple top from 2014-2015.Since then the price bottomed out around 50 before heading back up to resistance at 66.5. I am watching for a strong break upwards through resistance with heavy volume before entering trade. However if this occurs it would indicate that upward trend is back and intact for AXP, a great dividend stock and a Buffett favorite.
AXP - still showing strength.I was closely watching AXP after it was previously rejected at the 200 MA, however the drop didn`t really go far and it seems as if strong hands are still supporting further gains. Look for this gap close around 66.42 USD & then possibly still further upside.
P.S. Congratulations to all followers who participated in BABA after my call-out :-)
American Express The weekly chart looks pretty interesting to watch for a move from Friday’s close that would be 14.07%. Keep in mind that this stock took a hit within 3 months. American Express is trying to make it back up above $74.76. I think that American Express will recover with 51 days when earnings reporting. The month started off in green a little resistance within the triangle. I think $80 is a good buy.
