American Express Co. is heading towards a line of 94.32. If this movement continues, we expect the price of American Express Co. to test 94.32 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
American Express Co. is quickly approaching 94.32. We expect either a breakout through this line, or a rebound.
