Today we will analyze the stock AMERICAN EXPRESS (AMEXP.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in AMERICAN EXPRESS (AMEXP.PA)
1- Last bullish trend was from 45.45 $ (5/30/2007) to 48.10 $ (6/1/2007) a 2.65 $ move 2- The current bearish trend started from 48.10 $ at 6/1/2007 and is currently trading at 44.95 $.
3- AMEXP.PA current support level is at 44.73 which is the 127.20 % fibonacci retracement of the last 2.65 $ move.
4- AMEXP.PA current resistance level is at 45.45 which is the 100.00 % fibonacci retracement of the last 2.65 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
AMERICAN EXPRESS (AMEXP.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 45.450 and 44.100 that was broken down at 47.560 transforming into a resistance line.
AMERICAN EXPRESS (AMEXP.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 44.100 and 41.380 that was broken down at 45.540 transforming into a resistance line.
AMERICAN EXPRESS (AMEXP.PA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
AMERICAN EXPRESS (AMEXP.PA) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 45.45, 45.69, 46.15, 46.46, 46.52, 46.78, 46.90, 47.09, 47.47, 48.10, 65.76, 189.23.
Stock Support levels : 44.73,.