And if you are long the banking giant, it's time to protect profits and ratchet up stops on current positions.
I think it almost certainly trades about $100 in the next few weeks.
Let's look beyond the fundamentals.
Let's check out the charts.
Let's review the charts once again.
It is hard to become excited about the long side of the banking giant due to overhead resistance and a lack of aggressive buying of its shares.
PYPL looks to be on its way to the $120 area.
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American Express has rebounded smartly from its December lows and looks set to move higher.