AMEX(NYSE:AXP) A continued comeback in the travel business and solid buying trends among younger consumers helped American Express beat profit forecasts Friday. The company reported net income of $2.1 billion, or $2.73 per share, compared with $2.2 billion, or $2.74 per share, versus consensus of $2.40 per share. American Express AXP total revenues, +3.58 percent,...
here we see the failed accumulation phase after which a long failed rally to the top was formed after which we see a sharp rally down the zone testing
Oh yes! Goals 151, 146, 140. Invalidation at 211. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
| AXP | LONG @ 192 - 196 | TP @ 198, 200, 202, 204, 206 | SL @ 168 | PATTERN = ASCENDING TRIPLE TOP BREAKOUT | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
Double bottom into a bull flag. We should see a little pullback then another break towards ATH. If that doesn't occur look for the stock to fall to the lower levels. CHART LEGEND: white dashed lines = bull/bear takeovers blue lines = call targets yellow lines = put targets red line = danger zone orange lines = trend lines green lines = safe zone any other lines...
Another short in the financial markets. Short term outlook only. Immediate targets 159, 151. Invalidation at 214. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more...
May reject here within this triangle or extend this wave higher into 180's. Ultimately, a better long term buy in the 140's imo.
If you draw a trend since 2011, it looks like it can retest the $134 level (which has acted as major support levels multiple times. I would not buy at current levels.
AXP - Daily/Weekly H&S setup with weekly EMA cloud turning over to red. MACD cross down. Currently holding the 10/15/21 160P but will be buying the 11/19/21 160P for additional contracts if it decided to bounce higher but remains under stop loss. Entry: Between now and 167.15 SL: Just above 167.15 on daily candle close PT: 131.15 - 140.25
AXP can fall further : watch out profit taking started
$AXP, $SAM, $HCA, $RF, $HON, $SLB All major averages finished last week in the green to post a third straight week of gains - Dow closing at an ATH - Big name earnings reports continue to drive markets $AXP - American Express - reported Q3 FY21' earnings of $2.27/share - beat estimates by 27.5%, bottom line increased 74.6% YoY - driven by growing revenues &...
American Express Company ( NYSE:AXP ) Sector: Finance (Finance/Rental/Leasing) Current Price: $187.08 Breakout price trigger: $179.70 (hold above) Buy Zone (Top/Bottom Range): $183.20-$177.20 Price Target: $193.00-$194.40 (1st), $216.00-$218.00 (2nd) Estimated Duration to Target: 21-24d (1st), 94-101d (2nd) Contract of Interest: $AXP 11/19/21 190c, $AXP 1/21/22...
If you sort the market based on the YTD performance Financial sector would be the front runner in 2021..! Although big banks' stocks are traded at slightly lower prices these days, they outperform most tech stocks and major indexes in 2021..! this could be an alarming sign for S&P 500..! NYSE:JPM NYSE:BAC NYSE:WFC NYSE:GS NYSE:C ...
More sell signals on the daily chart. This time there were many over the past few days for American Express. I was hesitant to call this one a sell after its activity on Friday, but the historical statistics agreed there is plenty more downside. This downside coupled with multiple agreements throughout the rest of the U.S. overbought markets further helped...
I am not licensed or certified by any individual or institution to give financial or investment advice. I think American Express could be in a possible roll/consolidation. I have my horizontal Resistance and Support drawn with the orange lines. Key takeaways are the S&P 500, Nasdaq, Dow (to which AXP belongs), and Russell 2000 are all at Uptrend Resistance; and...
American Express is moving in a short-term up trend The stock is testing EMA 13 so you can buy Target 131.3 Stop losses 113.54
NYSE:AXP Possible Scenario: LONG Price target: 124 until 8th Jan 2021 Evidence: Price Action This is my idea and could be wrong 100%.