Trends and price targets marked.
Things are overextended
Potential to bounce back and catch more upside even with the overextension.
Guideline is more for backtracking, but it could potentially look something like this.
Follow trends and price targets rather than guideline, it is more to get an idea of what things could look like.
247 or so looks like a top to me...
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City.
Setting up for a good place to buy
American Express (NYSE: NYSE:AXP ) recently released its fourth-quarter earnings report, showcasing a mix of positive and challenging developments. While the financial giant reported solid earnings growth and increased quarterly dividends, concerns have surfaced regarding a notable uptick in net write-offs. This article delves into the key aspects of American...
As always, thank you for watching my charts and listening to my bias on this stock. I pray you and your family have a wonderful and blessed rest of your Christmas!
AMEX stock shows a good bullish moves and came to a strong support whilst forming a bullish flag. A breakout through the resistance will confirm more upward movement.
According to the Butterfly pattern, the Fibo perfectly converges the decline to the target of $ 115. We also go down the channel where the lower border of the channel will be. All 3 parameters should be added together. We should reach it in early 2024, there will be a great point for a hike to long. The same picture is for Viza.
American Express Co. recorded net profit above analysts' expectations. In Q3 2023, the company's net profit reached 2.45 billion USD compared to 1.88 billion USD in Q3 2022. Market expectations were only at 2.19 billion USD. American Express is optimistic about the future and notes that current performance is much better than pre-pandemic levels.
Therefore,...
Analyzing the options chain and the chart patterns of AXP American Express Company prior to the earnings report this week,
I would consider purchasing the 155usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $7.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
