American Express (AXP) August 10

AXP surged above both their 50-day and the 100-day SMAs rebounding from a 2-year low (chart). $81 and $83 are the next resistance levels to watch. High volume and close at one-month highs are supportive of the bullish momentum.

AXP (6 months)

axp

Chart: Stockcharts.com

Petros Steriotis