American Express Co. has broken through a line of 120.94 and suggests a possible movement to 115.32 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 71 days.
Big movement expected on American Express Co. after a breach of 120.94
