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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 les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.