American Express Companys stock price (AXP) rose in latest intraday trading after leaning on the upward correctional trend line in the short term, lending the stock some positive momentum, with positive signals streaming from the Stochastic after reaching oversold levels compared to the stocks movements, forming a positive divergence.

Therefore we expect the price to rise and target the pivotal resistance of $303.60, provided the support of $281.46 holds on.

Todays price forecast: Bullish