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American Express (AXP) has bounced perfectly off trendline support and is now breaking out of a descending triangle. Price action shows buyer strength stepping in near $320.22 with a clean breakout retest at $322.63.
📌 Trade Details:
🔹 Entry: $322.63 (breakout candle)
🔹 Stop Loss: $320.22 (below support)
🔹 Target: $332.22 (previous resistance zone)
🔹 Chart Pattern: Symmetrical Triangle Breakout
Breakout backed by bullish structure and strong recovery from higher lows. Watching for follow-through with increased volume.
💡 Risk smart — follow your plan!
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📊 Shared by: ProfittoPath
#AXP #AmericanExpress #TriangleBreakout #SwingTrade #TechnicalAnalysis #TradingView #ProfittoPath #StockSetup #BreakoutStock
American Express (AXP) has bounced perfectly off trendline support and is now breaking out of a descending triangle. Price action shows buyer strength stepping in near $320.22 with a clean breakout retest at $322.63.
📌 Trade Details:
🔹 Entry: $322.63 (breakout candle)
🔹 Stop Loss: $320.22 (below support)
🔹 Target: $332.22 (previous resistance zone)
🔹 Chart Pattern: Symmetrical Triangle Breakout
Breakout backed by bullish structure and strong recovery from higher lows. Watching for follow-through with increased volume.
💡 Risk smart — follow your plan!
—
📊 Shared by: ProfittoPath
#AXP #AmericanExpress #TriangleBreakout #SwingTrade #TechnicalAnalysis #TradingView #ProfittoPath #StockSetup #BreakoutStock
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.