American Express Co. has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 5 days. This breakout indicates a potential move to 93.04 within the next 10 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
American Express Co. has broken through support of a Descending Triangle. It has touched this line at least twice in the last 5 days.
