No New HighAnd the momentum is vaining. A correction of the rise since mid January may be expected. The more that there is an unclosed open window since 13th-14th January as well.
AXP trade ideas
American Express Trade Result – RR of 1.61 on Sell & Buy SetupsI’m excited to share my latest trade idea for American Express (AXP) based on my custom indicator. The system recently signaled a sell, followed by a buy setup, each carefully calibrated with a stop loss set at our historical average loss and a take profit aligned with our historical average win—yielding a consistent risk–reward ratio of 1.61. This approach ensures disciplined entries and exits, and I’ll be updating the idea as market conditions evolve.
1. Sell Setup:
• Signal: My indicator generated a sell signal based on a confluence of conditions ( VWAP, Daily Open, and momentum parameters).
• Stop Loss (SL): The stop loss is placed according to the historical average loss observed from previous setups, ensuring controlled risk.
• Take Profit (TP): The TP is set based on the historical average win, which gives a risk–reward ratio of 1.61.
• This setup clearly shows why the system signals a sell, and the trade is entered accordingly.
2. Buy Setup:
• Signal: Shortly after the sell, the indicator generated a buy signal, suggesting a reversal in the trend.
• Stop Loss (SL): Again, the SL is determined by the historical average loss metric.
• Take Profit (TP): The TP is set using the historical average win, maintaining the same risk–reward ratio of 1.61.
• This buy setup confirms the reversal and aligns with the indicator’s overall reasoning.
. I will continue to update these ideas as new signals and market conditions arise.
Still Not CorrectedMy idea dd January 24th is still valid. Nothing has changed so far.
Thus I had taken the profit yesterday and now I am using today's rise to sell again waiting for the downward correction of the rise since October.
AXP -1d chart - long ideaI am long AXP
targets in the chart
Daily chart
It seems like once we break the ATH we can do a quick strong move higher.
SL is marked as well.
NFA
DYOR
Long Way UpSince October 2023 we have risen without a major correction. it's time now.
As the trend is still intact I don't see a correction of this whole way up now. But an attempt to correct, i.e. short term profit taking shall be possible at least.
The ADX is turning Southand the first red candle is going to built which may result in a star in the weekly chart.
I repeat: It's the time.
Speculative Madness: The Market’s Bubble Stocks Some stocks areSpeculative Madness: The Market’s Bubble Stocks
Some stocks aren't just overvalued—they're in full speculative bubble mode. Fundamentals? Irrelevant. When euphoria takes over, rationality disappears.
Here’s my list of bubble stocks that scream unsustainable pricing:
SBUX, T, PLTR, BMY, PYPL, NFLX, GS, ISRG, ARM, C, SHOP, BSX, SPOT, UBS, IBKR, RELX, CEG, CRWD, MSTR, MMM, DASH, COF...
And let’s not forget the obvious: TSLA, META, AMZN, AVGO, GOOGL, JPM, MA, V, WMT.
Honestly, the entire banking sector, brokers, and tech are in bubble territory.
What the hell is going on with this market? Why are algos just buying, buying, buying, squeezing all the shorts?! Unbelievable.
The dump will be insannnnnnnne!!! 🚨
Unleashing the Bull: Why AXP is Poised for a Breakout!Current Price: $324
Stop Loss: $310 (below key support). ( very tight SL )
TP1: $340 (short-term breakout target).
TP2: $360 (channel resistance).
TP3: $370 (analyst high target).
1️⃣ Strong Earnings Potential (Jan 24, 2025)
Analysts expect EPS of $3.03 (+15.7% YoY) and revenue of $17.18 billion (+8.8% YoY).
Solid growth driven by resilient consumer spending and premium travel recovery.
2️⃣ Premium Client Spending
AXP focuses on affluent clients, benefiting from higher spending levels and limited credit risk.
Strong performance in the travel and entertainment segments aligns with rising global travel demand.
3️⃣ Bullish Technicals
Channel Breakout: AXP has broken out above the ascending channel, signaling bullish momentum.
Indicators:
RSI above 70 indicates strong momentum.
MACD confirms bullish crossover.
Increased volume supports the breakout.
4️⃣ Interest Rate Tailwinds
Elevated interest rates enhance AXP’s interest income, bolstering profitability in its lending business.
5️⃣ Analyst Sentiment
Consensus Price Target: Analysts' median target of $360 , with high-end forecasts at $370 , offers an upside potential of 11% to 14% from the current price.
Shorting American Express. AXPAn Elliott impulse within a larger XABC zigzag (not shown), crossing indicator lines. We are willing to bed this is the start of a downward zigzag correction with view to reverse position in the event of the cross of the recent most high.
AXP is strong near all time highsAXP is not pulling in with the market, sitting less than 2% away from ATHs. The stock is relatively supper strong, not giving up much into the big selloff last few days.
I am going lont test size here. When the market finds bids, this one should move up first.
Lets see how it plays out.
Stop -297 ish
28.12.24 American Express - slowly downwardsAmerican Express is since decades Warren Buffett Darling.
AXP last years with increasing fees and solid growth spent wonderfull earnings to the shareholders, even solid dividends.
But during the last years, credit defaults increased rapidly. From quarter to quarter they increased accounting provisions.
st. louis Fed statistic also very interesting. Small banks in Us with huge defaults, meantime by 7%. Highest value since 1991, even higher than 2008…
So as a matter of fact, consumer sentiment also negativ. For 2025 expect recession and further increasing of defaults.
Expext for axp sharp slump in earnings.
AXP | SHORTNYSE:AXP
Technical Analysis of American Express (AXP)
Key Observations:
Current Price Action:
Price: $232.28
Recent Drop: -16.40 (-6.59%)
Support and Resistance Levels:
Immediate Support: $227.69 (Target Price 1)
Further Supports: $219.31 (Target Price 2), $200.36 (Target Price 3), and $186.49 (Target Price 4)
Resistance: The price broke below a previous support level at around $244.51.
Trendlines:
The upward trendline has been broken, indicating a potential shift from a bullish to a bearish trend.
Relative Strength Index (RSI):
Current RSI: 51.36
The RSI shows a recent decline, approaching a neutral level, indicating that the stock is neither overbought nor oversold.
Target Prices:
Target Price 1: $227.69
This level is the immediate support and a potential first target for any continued downward movement.
Target Price 2: $219.31
If the price breaks below the immediate support, the next target is around $219.31, a previous support level.
Target Price 3: $200.36
Further downside could see the price reaching $200.36, a significant psychological and technical support level.
Target Price 4: $186.49
In a more bearish scenario, the price could fall to $186.49, another key support level.
Summary:
American Express (AXP) has experienced a significant drop, breaking below a key support level and its upward trendline. The next levels to watch are $227.69, $219.31, $200.36, and $186.49. The RSI is neutral, suggesting the potential for further declines if market conditions remain negative.
AXP stock will bullish next 1 or 2 weeksNext 1-2 weeks, it will hit the zone. because chart pattern repeat that tell us it will be hit in next 1 or two weeks.
AXP Long The strong performance year-to-date reflects resilience in current market conditions. Traders should look for confirmation of a bounce off the 9 EMA and the establishment of support as entry criteria. Risk management strategies should include setting a stop loss below recent swing lows and considering a 2-3% risk allocation.
Potential catalysts for upward movement include continued revenue growth and positive trends in the financial sector. Overall, there is anticipation for a breakout move following the small base formation and bounce off the 9 EMA.
A Risk Tolerance Test for All TradersRisk Tolerance trips up more traders than any other emotional aspect of trading stocks, or any other asset class. How is your risk tolerance? Would you say that you have a good stable risk tolerance? Or is it the main reason you take small gains or losses?
If you need help evaluating your risk tolerance, take this Risk Tolerance Test . If any of these apply, then there is a problem you need to address:
Do you get stopped out of trades and then watch as the stock moves up? This is caused by setting stops too tightly for the kind of trading style being used.
Do you panic as the stock retraces and lower the stop loss to avoid getting stopped out? This actually increases risk rather than lowering it.
Do you raise your stop loss before the stock forms a new consolidation for support? This also increases risk rather than lessening it. There is higher risk that you will get stopped out prematurely.
Do you check profit or loss everyday on your held stocks? Position traders should only be checking their balance once a month. Swing traders could wait for the end of the month but can do it weekly.
Are you a swing trader who checks your positions intraday to see what is happening? This runs the risk of reacting prematurely to intraday volatility that eventually evens out.
Have you given up on using stop losses because "they don't work"? You probably just need to learn a better method for placing stop losses.
Do you hold and hold with no stop loss, watching a stock tumble, unable to exit and ultimately exiting too late or "holding long term" instead? This is a chronic problem among retail traders that indicates the lack of a complete trading plan, one that provides a plan for when your holdings go against your intent.
To keep your risk tolerance in check try adding these simple steps to your trade analysis:
Carefully check the Risk to Reward ratio of your picks, and only trade stocks with a good probability for profit vs. loss.
Consider the amount of money at risk in each trade. Think about how you would feel if you lost that money should the trade go against you. Add this parameter to your trading rules.
Lower overall market risk by trading more than one or two stocks at a time. Spread your capital outlay over a few picks rather than putting it all on one trade.
Use stop losses on every trade. Place stops under the appropriate support levels for the chart patterns and your intent.
If you are a Swing Trader, it is important to enter trades only on strong market days. Not every flat day is a good day to swing trade. You'll keep more of your profits over time if you wait for ideal days and picks.
The simplest way to improve risk tolerance is to continually paper trade on a Simulator even after you've started trading live. Most beginners do not practice executing their trading plan sufficiently before jumping into the market. They allow emotion to cloud better judgment and let greed overwhelm decisions. Trading is the only business where normally calm, intelligent, and wise people do really greedy things that end up being foolish and risky. And it all comes down to the emotions that come with money, especially fear, greed and pride.
Traders have one thing to compete against and that is their own emotions, which can cause poor decisions. My best advice for all traders is this: compete against your own prior trading history to improve results, and ignore what is going on with everyone else.
Summary:
Emotional control comes from having a sound plan, sticking with it, and not changing it because the market has moved on a whim or some guy on social just made a lot of money. Create your trading style, which is a plan of attack for the market. Set out your strategies and use the correct ones for the current Market Condition. Only trade stocks that have a risk factor you can live with. Use stop losses appropriately, and you will be successful. Problems occur somewhere in all of this, when traders miss a step and deviate from the plan.
When you feel emotions getting out of hand, controlling your trading decisions, consider the above checklists for help evaluating and adjusting your mindset. Greed is a tough emotion to control, because it is insidious and hard to identify in ourselves. Fear is easy to identify and much easier to control or harness. A certain amount of fear is necessary and good in the market, because it keeps individuals from taking too much risk. However, fear that dominates daily emotional energy only creates constant losses. Think about this and study prior trades. If they performed well after being stopped out, then there is a risk problem to address in your trading plan.
AXP MAJOR TOP I AM LONG PUTS MIN 75 drop to 130The chart posted is and has been my wave count as the MATH as well as the CYCLES are stating a time to exit and move to cash or in the money PUTS for the next 9 to 18 months so I am in 2026 puts and deep in the money Best of trades WAVETIMER
$AXP with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for NYSE:AXP after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 64.29%.
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.
Sell - AXP Target around $264
Do your own analysis too.
I'm going to sell. Target $264.
@TradingAsPassion @optionsGPT
AXP American Express Company Options Ahead of EarningsIf you haven`t bought the dip on AXP:
Now analyzing the options chain and the chart patterns of AXP American Express Company prior to the earnings report this week,
I would consider purchasing the 267.5usd strike price Puts with
an expiration date of 2024-10-18,
for a premium of approximately $2.91.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
OPTIONS WATCHLIST 8/18/2024 OPTIONS WATCHLIST 8/18/2024
NASDAQ:PYPL - Stock failing to break $68.25 long term resistance for that 5th time but still holding close to it. Calls above that level for a move to $70 and higher. Stock is strong on indicator level
NYSE:IBM - On CNBC, Rob Sechan of NewEdge Wealth said IBM is a “nice combination of defensive growth and margin expansion.” calls above $194 for a move towards $200 and higher. All time highs around $206
NASDAQ:TTD - Friday Live On CNBC; Josh Brown Buys Trade Desk as stock broke $100 resistance level. Next resistance at $102.50. Looking for calls above that level. For a move towards $110 and higher.
NYSE:JPM - stock moving strong with other bank stocks as it approaches top of trendline resistance at $215. Looking for calls above that level for a move towards $220 and higher. Stock is strong on indicator level
NYSE:AXP - Another stock with strong momentum approaching all time highs at $256.24. Looking for calls above $252.5 for a move towards all time highs and above.
$AXP - good entry point?Super bullish call volume on options chain.
Blood bath in market, but momentum upward.
Hammered of regression channel and is mid recovery not even half way through trading day.
Volatile for a big company. Lots of potential for swing trades.
Could hit $240 before $244, today was ugly for the market as a whole, so a lot of trades are shaking out
I see this headed back to $250 within 60 days. Trend is bullish.
not rtade advice
$AXP - fake breakout or recharge?I typically never look at stocks that have a huge run up and seem over extended on the 1 day chart.
But, the 4 hour chart clearly shows a reversal from being oversold with momentum and all key indicators pointing towards a move up.
Due to the big wick on Friday, the fib channel has opened a pathway to $260.
Unusual options activity at $260 strike price as well for august.... seems a bit premature but the range is evident and the last 3 candles on the 4 hour chart show it wants to move.
This is interesting for me as it goes for, and against, what I look for in a price target.
Then I realize, I'm against it based on feeling/judgement. The indicators point towards $260, or at least $250-$260 range.
Not trade advice.
