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AXP seems to slowly approach its 52W high at $182.15 – Crypto News
Today’s instrument is the American Express Co. The stock is traded on the NYSE exchange under the ticker AXP.
Looking at AXP’s chart, we can see that it has climbed to the last close at around $178.
American Express Co. has scheduled its third-quarter earnings announcement in two days, on the 21st of July 2023. If the market’s anticipation is positive, then we could expect the price to move upwards and test its 52W high at $182.15. On the other hand, it could retreat back towards its support level at around $170 and if it fails to hold above that level, then it could approach the next support level at around $155.
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