AXP & RL Puts

Opened two PUT position on Friday.

AXP Weekly Chart

American Express (AXP) has broken down from the rising flag 2 months ago. Just given the second sell signal. Weekly chart not yet oversold. Expecting more downside. Supports at 32/27/24.

RL Weekly Chart

Polo Ralph Laurent (RL) has also broken down from a rising flag. Possible supports at 48/35.