American Express Stock's Perfect Week a Boon for Bulls
American Express(AXP) Schaeffers Research·2024-05-13 18:55
In-The-Money Countdown subscribers scored a speedy profit with our American Express Company (NYSE:AXP) weekly 5/10 225-strike call recommendation, which they received on Sunday, May 5. Below, we will dive into the telltale signs behind this winning trade.At the time of our recommendation, shares had retraced 38% of their post-earnings reaction, finding potential support at the rising 20-day moving average and their March peak. The rising 50-day trendline, which coincided with with its 20% year-to-date level ...