TECH Buy 08.01.2026 08:56
American Express Co.: wave analysis
The possibility of growth remains.
On the daily chart, the fifth wave of a higher level 5 of (3) and wave v of 5 are developing, while on the four-hour time interval, the third wave of a lower level (iii) of v and wave iii of (iii) continue to form. If the assumption is correct, the asset's upward movement will accelerate to 400.00–440.00, and the critical stop-loss level for this scenario will be 334.80.
Indicators
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Wait