Are Credit Card Companies Back On Investors’ Radar?
Visa (V), American Express (AXP), and Mastercard (MA) have continually alerted me with juicy shorter-term chart patterns as of late, so I decided it’s time to take a closer look at the fundamental side of things on credit card companies, and I found some good stuff. In the Mastercard example, credit volume is on the rise and international growth is […]
American Express (AXP) Bullish Patterns
AXP is holding up after earnings last night and the bullish patterns remain in tact. As discussed with premium members this morning, a break and close above $47.20 could be buyable for a bucket 2 trade. I would even be inclined to turn it into a bucket 3 holding should it hold above 55 on […]
American Express (AXP) Looking Good But Earnings Ahead
American Express (AXP) looks good here tecnhnically, respecting and above both the 50 day and 200 day moving averages. Resistance is just above at $47 and if cleared has room to next resistance at $49, and then much higher. The caveat is earnings coming out April 20 after the closing bell, so we in the […]