American Express's most recent trend suggests a bearish bias. One trading opportunity on American Express is a Bear Call Spread using a strike $95.00 short call and a strike $100.00 long call offers a potential 11.86% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $95.00 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock rose above the $100.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for American Express is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for American Express is bearish.
The RSI indicator is at 46.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for American Express
Morgan Stanley Comments On American Express & Discover
Wed, 17 Dec 2014 22:24:22 GMT
Morgan Stanley Initiates Coverage On American Express, ‘Sunny Blue Skies Ahead'
Wed, 17 Dec 2014 13:37:48 GMT
Actually, Bitcoin had a pretty good 2014
Tue, 16 Dec 2014 18:30:36 GMT
AMERICAN EXPRESS CO Files SEC form 8-K, Regulation FD Disclosure
Mon, 15 Dec 2014 17:04:50 GMT
Last-Minute Shoppers Spread Holiday Cheer
Mon, 15 Dec 2014 15:30:00 GMT
Business Wire – A vast majority of Americans are extending their holiday shopping, with more planning to shop last minute and 64% shopping the day after Christmas , according to the latest American Express Spending & Saving Tracker.
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