American Express attacks important resistance - Analysis - 21-05-2019

American Express' stock rose 0.65% in the last session with positive signals from the RSI, tackling the important resistance of 119.64, amid the dominance of the main upward trend in the short term, with positive pressure from the 50-day SMA. 

Therefore we expect more gains for the stock, especially if the resistance of 119.64 was breached, targeting the next one at 122.28. 

Expected trend for today: Bullish