AMEX AXP THE PLATINUM CARD STILL ISNT REAL PLATINUM
I recently saw another post about credit card companies, I'll link it when I find it again.
Either way, it got me looking at amex again.
Specifically this potential movement to the upside which takes price to around $345
Because of the alignment of trends and date of earnings, there is a chance, small, but something I've seen before in different ways, which from technicals for whatever reason allows the price to make a move to the upside like this, and generally what occurs after is a drop, which honestly tracks with other things I see in the market at times.
Long term, it's hard not to see growth from a technical view, fundamentals will be best viewed on the trader's post I mentioned first, which I'll link.
I've been a customer at amex for years, and I can't really say I'm not a fan because the company from the viewpoint of me, as a customer, is well run. Internally, idk, maybe it's a total mess, but the reason I like this company long term is I've seen great service for nearly a decade AND I have a hope that it not only continues, but gets better and better.
Summary,
Interesting setup for trading here.
pay attention carefully as earnings makes things happen quickly.
things can change.
I know that I don't know, do you.
Is amex long term, I like it. Does it fit into your portfolio, literally ask a financial advisor, they aren't dumb and can tell you why and why not.
A movement such as drawn and not to be used in most cases other than to visibly see how it can swing price and still maintain a somewhat stable price through a correction, which ultimately makes the stock price a better long term investment and I'd guess that others probably view it in similar ways, especially when you look at the investment style of major investors.
I say it a lot, but also, meta made this same movement in less than a year.
Support does come around 200.
84, should it happen, I'd suggest seeing market conditions at that time, but ultimately seems like a steal.
Either way, it got me looking at amex again.
Specifically this potential movement to the upside which takes price to around $345
Because of the alignment of trends and date of earnings, there is a chance, small, but something I've seen before in different ways, which from technicals for whatever reason allows the price to make a move to the upside like this, and generally what occurs after is a drop, which honestly tracks with other things I see in the market at times.
Long term, it's hard not to see growth from a technical view, fundamentals will be best viewed on the trader's post I mentioned first, which I'll link.
I've been a customer at amex for years, and I can't really say I'm not a fan because the company from the viewpoint of me, as a customer, is well run. Internally, idk, maybe it's a total mess, but the reason I like this company long term is I've seen great service for nearly a decade AND I have a hope that it not only continues, but gets better and better.
Summary,
Interesting setup for trading here.
pay attention carefully as earnings makes things happen quickly.
things can change.
I know that I don't know, do you.
Is amex long term, I like it. Does it fit into your portfolio, literally ask a financial advisor, they aren't dumb and can tell you why and why not.
A movement such as drawn and not to be used in most cases other than to visibly see how it can swing price and still maintain a somewhat stable price through a correction, which ultimately makes the stock price a better long term investment and I'd guess that others probably view it in similar ways, especially when you look at the investment style of major investors.
I say it a lot, but also, meta made this same movement in less than a year.
Support does come around 200.
84, should it happen, I'd suggest seeing market conditions at that time, but ultimately seems like a steal.
Note
NaranjCapital
"link to post" as mentioned above.
Worth viewing this post to see a viewpoint from fundamentals and comparing the companies.
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Venmo: @nicktussing
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Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Cashapp: $nicktussing
Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.
Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.