A clean Ascending Triangle often precedes a big move. Validate your entry.
Bullish continuation pattern.
AXP is showing interesting structural developments at $338.0. The stock is trading at $338.0, down 0.75% on the day. Algorithmically, a Ascending Triangle structure has completed. The trend indicator is reading 29.6/100, suggesting moderate momentum. A potential breakout level is identified at $348.2, targeting $396.37 with support near $308.31 (R:R 1.21).
What is your outlook on AXP?