American Express's stock (AXP) rose in the intraday levels, touching the resistance of the 50-day SMA, amid the dominance of the main downward trend in the short term, while the RSI reached overbought levels.
Therefore we expect the stock to return lower, targeting the first support at 142.72, provided the resistance of 153.84 holds on.
Therefore we expect the stock to return lower, targeting the first support at 142.72, provided the resistance of 153.84 holds on.