Dec. 6 at 1:21 AM
Actionable Trade Alert for
$AXP:
Market Context:
$AXP closed at
$371.15, showing a stable price action with an RSI of 54.85, indicating neutral momentum. The stock is currently above its 30-day moving average (MA30) of
$359.98 and significantly above the 50-day moving average (MA50) of
$349.65, suggesting bullish sentiment.
Directional Bias: The price is trending upwards, supported by the recent high of
$377.23, while the low of
$315.95 provides a solid support range. The ATR of 8.37 indicates moderate volatility, allowing for reasonable price movement.
Trade Plan:
- Suggested Entry:
$373.00 (slightly above last close)
- Stop Loss:
$363.00 (10 points below entry)
- Take Profit Targets:
1.
$380.00 (2% gain)
2.
$385.00 (3.2% gain)
3.
$435.00 (17% gain)
This plan aims for a substantial return while managing risk effectively. Monitor price action closely.
https://privateprofiteers.com
