Home About the company Daily reviews Trading ideas for American Express Co. (NYSE) 23.06.2020

Trading ideas for American Express Co. (NYSE) 23.06.2020

23.06.2020

Market Review

#AXP

The overall trend is upward. The 98.00 support level is holding back sellers. A descending truncated pattern of the H1 level has formed. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator signals oversoldness. 

Trading recommendations:

Buy while an ascending wave pattern is forming, where the wave (A) breaks through the inclined channel of the descending truncated pattern of the H1 level.

Stop loss: 98.00.

Target levels: 108.00; 113.50.

The #AXP shares rate online: monitor the movement of the shares in real time.

Author: admin
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