1AXP trade ideas
$AXP $AXP is forming a bullish ascending triangle (similar to the $NKE break out pattern I posted last week) after a strong gap up a couple weeks ago closing at ATHs. Look for a solid candle closing above $102 for entry spot or a re-test and old of the $100 level. Target levels are 106, 112, and 126.
AXP - Possible Bearish Swing TradeI am a little torn on this trade, I was initially thinking of maybe going long but after studying the chart further to me it looks more bearish than bullish. Also on the hourly chart, it looks like there may be a head and shoulders pattern forming. I have set up a bearish trade but will watch this closely Monday and if it looks strong I may flip this and go bullish.