AXP daily July 25th
AXP (American Express) will trigger a short entry below 91.95 (this morning’s reaction low). My current preferred swing target at this time is T2 at 84.10 with a final target, T3 at 78.67. Suggested stops would be dependent on one’s preferred profit target(s), using an R/R of 3:1 or better.
Note: AXP is scheduled to report earnings next Tuesday, July 29th, after the close.
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