American Express seeks a bottom to bolster it - Analysis - 22-11-2019

American Express' stock declined in search for a bottom to bolster it higher and gather momentum, marking a 0.42% loss in the last session, amid positive support from the 50-day SMA, amid the dominance of the upward long-term trend, while the RSI reached oversold levels. 

Therefore we expect the stock to return higher, targeting the first resistance at 121.75. 

Expected trend for today: Bullish