American Express rises cautiously - Analysis - 16-10-2019

Economies.com
2019-10-16 15:28PM UTC

American Express' stock rose amid the dominance of the upward trend in the long term, with negative pressure from the 50-day SMA while the RSI reached overbought levels. 

 

Therefore we expect the stock to return lower, targeting the support of 114.31. 

 

Expected trend for today: Bearish  

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