American Express climbs - Analysis - 12-06-2019

Economies.com
2019-06-12 13:24PM UTC

American Express' stock kept rising in the short term with a 0.46% profit, amid the dominance of the main upward trend in the short and medium term, with positive pressure from the 50-day SMA, while the RSI reached overbought levels. 

 

Therefore we expect more gains for the stock, as long as it settles above 120.80, targeting the resistance of 130.76. 

 

Expected trend for today: Bullish 

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