Monday, June 6, 2016

[Analysis-Followup] Amex slightly breaks the downtrend resistance line, no strong signals yet

Hello /r/StockMarket

My brother is back with a new analysis. American Express is one of the three stock he follows bi-weekly with Apple and Chevron. There are still no clear trends emerging for the current Amex pattern, the uptrend breakout was timid at best. On the end of May, the volumes are too low to project a strong confidence in Amex’s next move.

You can read the latest Amex technical analysis here.

The first one can be accessed through this link.

Thank you for your time and don’t hesitate to speak your mind and tell us what you would love to learn more about.



Submitted June 06, 2016 at 09:26AM by ahirice http://ift.tt/22Jdmjn

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