American Express regains footing - Analysis - 17-07-2019

American Express' stock returned higher in the intraday levels after an earlier dip to gather momentum and vent off overbought saturation in the RSI, with positive support from the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms. 

Therefore we expect more gains for the stock, as long as the support of 125.00 holds on, targeting the resistance of 130.76. 

Expected trend for today: Bullish