TECH Buy 25.06.2026 07:15
American Express Co.: wave analysis
The probability of growth remains.
On the daily chart, the upward third wave of higher-degree wave (3) has completed, within which wave 5 of (3) was finalised, and the downside correction as wave (4) has also finished. On the four-hour time scale, the fifth wave (5) is being formed, within which the initial wave of a lower degree, wave 1 of (5), is developing. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 386.90–425.00 zone, with a critical stop loss level at 324.30.
Indicators
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy