American Express surrounded with positive signals - Analysis - 30-07-2019

American Express' stock moved alongside the main upward trend in the medium and short terms, buoyed by positive pressure from the 50-day SMA, while the stock gathers momentum to help maintain the upward trend, while venting off overbought saturation in the RSI. 

Therefore we expect the stock to rise as long as the support of 125.00 holds on, targeting the resistance of 130.76. 

Expected trend for today: Bullish