Taking a Swipe at American Express

By

Carolyn Boroden

 | Feb 4, 2013 | 10:00 AM EST

I'm seeing a nice-looking trade setup in American Express (AXP) off a particular support cluster -- one that comes in between $57.91 and $58.65.

American Express (AXP) -- Daily Source: Dynamic Trader View Chart » View in New Window »

That zone was identified by calculating quite a few 100% projections of prior declines on the daily chart. It also included some key Fibonacci retracements, as well as an extension of a prior minor swing....365 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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