American Express trims gains - Analysis - 12-09-2019

Economies.com
2019-09-12 15:15PM UTC

American Express' stock surged and retested the resistance of 120.60, amid negative pressure from the 50-day SMA and the RSI.

 

Therefore we reaffirm our negative outlook for the stock, targeting the support of 114.30. 

 

Expected trend for today: Bearish    

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