BharatJhunjhunwala

American Express Co - APX may witness selling bouts here.

Short
NYSE:AXP   American Express Company
American Express may face hard time here. The RSI is not displaying any bullish zeal, the bear engulfing candle at RSI FLARE levels further confirms bears have a upper hand here. The MACD isn’t able to pull into the bullish area. In short the stock is set for a further dip. 111 & 109 seems prominent as of now. For more information on how to use RSI professionally in trading visit my website www.prorsi.com

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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