American Express Co.: wave analysis

5 mar 2026, 08:34:16

American Express Co. Technical

The probability of growth remains.

On the daily chart, the fifth wave of higher-level 5 of (3) is developing, within which wave v of 5 is currently forming. Meanwhile, on the 4-hour time frame, the third wave of lower-level (iii) of v and the corrective fourth wave (iv) of v have been completed. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 450.00–500.00 zone, with a critical stop loss level at 289.80.

Main scenario

Long positions can be opened above the level of 289.80 with targets in the 450.00–500.00 area. Implementation period: 7 days or more.

Alternative scenario

The breakdown and consolidation of the price below the level of 289.80 will allow the trading instrument to continue its downward trend to the 256.75–216.55 area.

Tutte le indicazioni degli indicatori ed i valori di prezzo sono dati storici. Non si deve prognosticare i risultati futuri secondo andamento del prezzo passato.

Scenario

Timeframe	Weekly
Raccomandazioni	BUY
Punto di ingresso	311.20
Take Profit	450.00, 500.00
Stop Loss	289.80
Livelli chiave	216.55, 256.75, 289.80, 450.00, 500.00

Scenario alternativo

Raccomandazioni	SELL STOP
Punto di ingresso	289.75
Take Profit	256.75, 216.55
Stop Loss	300.75
Stop Loss	216.55, 256.75, 289.80, 450.00, 500.00