martes, 15 de abril de 2014

04/15/2014 Trading Ide AXP American Express Co. Last Price 85.50$

04/15/2014 Trading Ide AXP American Express Co. Last Price 85.50$


Hi, Let´s analyze AXP.

Supports and Resistances:
S1: 81.53 S2: 74.48 R1: 89.03  R2:92.71$
The average target price by consensus is: 94.71$.

I have looked at the fundamental and I can tell you that the company has a constant steady gorwth during the last years. In the 2013 AXP increased the free cash flow a 27.44% however in 2012 decreased a -39.07%.
The RSI is at 38%.

The stochastic is exiting from the oversold zone and is at 35%.
However the -DI is above the +DI.
The MACD is in a flat pattern below the signal and below zero.
Last Friday the stock drawn a doji  in the chart and  entered in the purchase interval [82.28; 85.47].
The targets:
TG1: 91.19$
TG2: 92.71$
TgExt: 95.66
I recommend you to pay attention in the movement of the stock ,actually is close to the 200 SMA.
Let´s see the Chart:


By the way, do you remmember the MSFT trading idea! there´s a doji from yesterday´s session just inside the buy interval!:

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Have a nice day! 
You can see the first analysis 04/01/2014 ( it´s in Spanish but you can use the translator)