Home About the company Daily reviews Trading ideas for American Express Co. (NYSE) 25.06.2020

Trading ideas for American Express Co. (NYSE) 25.06.2020

25.06.2020

Market Review

#AXP

The overall trend is upward. The stock continues to decline, while the downward pattern remains truncated. A bullish divergence has formed on Awesome Oscillator indicator, and 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: 94.70.

Target levels: 108.00; 113.50.

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

Author: admin
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