Closed Below 50 ma today but bounced off trendline (Yellowline ).
Has been trading inside this many channel (Purple lines) ever since its last earnings.
green lines -Long targets
Red lines - Bear targets
Short entry - Below 165.41
Tp #1. 159.62 (Fib support , 100ma daily, 20ma weekly)
Tp#2. 154.94
Long entry - If it bounces off yellow trendline id go long up until Purple channel resistance at 169.50. If it gets rejected, cover. If AXP breaks through 169.50 go long up to 174.
التحليلات ذات الصلة
AXP (Short it)
ContraryTrader
about AXP