Today we will analyze the stock AMERICAN EXPRESS COMPANY (AXP.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in AMERICAN EXPRESS COMPANY (AXP.BA)
1- Last bearish trend was from 25.25 $ (10/28/2011) to 22.35 $ (12/28/2011) a 2.90 $ move 2- The current bullish trend started from 22.35 $ at 12/28/2011 and is currently trading at 30.90 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
AMERICAN EXPRESS COMPANY (AXP.BA) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 22.350 and 21.750, and is currently supporting at 23.430.
AMERICAN EXPRESS COMPANY (AXP.BA) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 22.350 and 18.900, and is currently supporting at 26.231.
AMERICAN EXPRESS COMPANY (AXP.BA) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 22.350 and 18.900, and is currently supporting at 26.231.

Stock Trading Conclusion:
AMERICAN EXPRESS COMPANY (AXP.BA) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : .
Stock Support levels : 28.88, 27.63, 26.63, 26.23, 25.62, 23.43,.