American Express Company
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AXP Multi Month Cup and Handle Breakout

14
AXP has been on a monster bull run and the strength continues with positive technicals all around.

  • Cup and handle has broken out and is consolidating around the $340 level. While momentum is slowing down we are setting up for a strong push with seasonality + rate cuts as tailwinds
  • Target is +18-35%
  • Option contract for Nov 21 up 100% already and I will be upping sizing with a daily close above $340

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