Stock Market ToDay Tips

Day Trading Stocks Today

The following stock that I`m trading now, it`s AXP : American Expresse Co,

The reason of choosing this stock, is simply because it made a double top at range level of 95.95points.

Also, is a stock that I was watching for a will, so I was waiting for the sort one since few days…and This is whiteout saying it been Overbought since last 2 weeks.

So for all those reason, it was time for $AXP to make a correction.

stock market trading

Day Trading Stock Today AXP

On this chart, We can see the double tops, and how the pattern of 1st Legs and 2nds. After failing to break the resistance at 96.95, Sellers jump in.

After testing many resistance during the day, it break the bullish Trend line, and at the same time…few minutes after the bearish trend line that was acting as a resistance for sellers.

Now being safe in this trade, I will let buyers and sellers negotiate at price range of 94.90 -> 94.60.

it AXP stocks, close under 94.60points, it will be a great signal to keep selling tomorrow this Stocks. If not…it will be the short term end of Sell-Off.