American Express has fallen below 1st standard devations from quarterly (66-day) and yearly (264-day) means, thus entering short term downtrend Price is also trading within 1-st standard deviation from 10-year (520-week) and 5-year (260-week) moving averages, meaning that it is in lateral trend on long term basis If the short term downtrend holds (price trading...
Triple bottom; 1145.40 we've been failing to break around that level since October 2014 and we have failed again for third time in July 2015 clearly the market does have power/doest want to break that level which gives us a great signal that we may potentially be heading North.
Drawn S/R on W1 very strong levels, Fib retrace shows 38.2% reversal occuring CCI Dropping. First target 23.6% - Second 0% - Stop on kumo support but will we test it at all? who knows :)
Trading today has been bearish for the stock as people take profits near resistance. However, the Chaikin Money Flow (CMF) is above zero which says the bullish trend is still in effect. The CMF operates regardless of how bullish or bearish market participants may opine to be one day or the next. As seen on the chart the trend remains upwards as the CMF is above...
Bullish Bat formation, support found on trend line. Target prices $88 if breaking, $92
AWK will likely turn into a dip buy play in the next few days and will rise to new levels
Kiplingers had an article on airline stocks that opened with "There's an old wall street joke about how to end up with $1 million worth of airline stocks...Start with $10 million." "In 2000, nine airlines controlled about 80% of the U.S. markets. Today, just four companies control about the same percentages." Looking at the major players American Airlines...