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A final push expected on American Express Co. as it starts approaching a price line of 157.70.

American Express Co. is heading towards a price line of 157.70 and could reach this point within the next 23 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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We expect CC to trend upwards for the next 48 hours.

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