American Express Co. has broken through a support line of a Triangle and suggests a possible movement to 122.92 within the next 11 hours. It has tested this line 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 7 days.
ARTÍCULOS RELACIONADOS
PYPL likely to test 74.2050 in the near future. Where to next?
PYPL is moving towards a key resistance level at 74.2050. This is a previously tested level for PYPL.…
Important resistance line being approached by V. This price has been tested numerous time in the last 11 days
Emerging Triangle detected on V – the pattern is an emerging one and has not yet broken through…
ADBE seems to be on its way to support – a possible opportunity?
The price of ADBE in heading back to the support area. It is possible that it will struggle…