[October 26, 2009] American Express (AXP) Upgrade Alert, Watch for 31.6% Technical Uptrend Continuation Tweet Oct 26, 2009 (SmarTrend(R) Spotlight via COMTEX) -- American Express (NYSE:AXP) upgraded to Buy, $50 target, at Stifel Nicolaus. The stock closed Friday at $34.58 on volume of 21,570,117 shares, above average daily volume of 15,013,111. American Express is currently above its 50-day moving average of $33.77 and above its 200-day moving average of $24.10. SmarTrend is bullish on shares of AXP and our subscribers received an Uptrend alert on July 15, 2009 at $26.28, which has returned 31.6% to date. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html [ Back To TMCnet.com's Homepage ]