Home About the company Daily reviews Trading Ideas for AmericanExpressCo. (NYSE) 19.02.2020

Trading Ideas for AmericanExpressCo. (NYSE) 19.02.2020

19.02.2020

Market Review

The resistance level of 136.24 is holding back buyers. Awesome Oscillator shows a bearish divergence, and Stochastic Oscillator indicator indicates overboughtness. An ascending truncated pattern has formed.

Trading recommendations:

Sell while the descending pattern is forming, where wave (A) breaks through the inclined channel of the ascending pattern. Sell on breaking the wave (A) while a descending structure is forming.

Stop loss for the resistance level of 136.25.

Target levels: 129.30; 123.10; 120.00.

Author: admin
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?