American International Group ( NYSE:AIG ) has announced plans to sell a 20% stake in Corebridge Financial to Japan's Nippon Life Insurance for $3.8 billion. The move is part of NYSE:AIG 's efforts to reduce its holdings in the life and retirement business, which it had listed as a separate company in 2022. NYSE:AIG will sell 120 million shares at an average...
American Express, a leading financial services corporation, has released its first-quarter results for the year 2021. The company has outperformed the analyst estimates with higher-than-expected revenue, net income, and diluted earnings per share (EPS). The company's net interest income has also been higher than anticipated, thereby avoiding the fate of several...
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.
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AXP American Express , I think we are going to strong bearish movement. If you are going to go short, make sure to place the stop above the previous rejection area . What do you think is more likely to happen? Please share your...