AMERICAN EXPRESS (AXP-NYSE): Technical Viewpoint: From a low of $32.84 on Feb 22, 2002 prices rallied, reaching a high of $42.70 on Mar 19, 2002. A decline saw prices pull back, reaching a low of $39.35 on Apr 3, 2002. Another rally saw prices penetrate resistance, closing 4/18/02 at $42.39. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Feb 28, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $40.50. Resistance: Is at $42.70. Point & Figure: Reversed to the upside on Apr 16, 2002. A P&F upside reversal takes place at $41.00. Summary: Technical indicators have turned bullish. BUY! AMERICAN EXPRESS (AXP-NYSE) @ $42.63 Stop: Use a protective stop of $40.13. AMERICAN EXPRESS is currently trading @ $42.39 plus $1.24 on Apr 18, 2002. Price Objective: $59.25. Risk/Reward: $2.50 VS. $16.63. Today's Risk Reward Ratio: 7:1