American Express $AXP has been stuck under $103 throughout 2018. As we can see on the daily chart, it looks like the consolidation has been an ascending triangle. And with price above the 200-day simple moving average (SMA), there was a bullish bias. Adding to that, the RSI was still above 40, and if it held above 40, it would reflect maintenance bullish momentum.AXP Daily Chart(click to enlarge)Testing Support:- As we can see on the daily chart, price has been in an ascending triangle.- This week, price retreated back to the 200-day simple moving average (SMA) as well as the rising trendline.- The RSI is also cracking 40 and starting to signal a loss of bullish momentum.- If price can close under $95 this or next week, we should anticipate a bearish outlook towards the $87.75-$88.Bullish Outlook:- But a hold above $95-$96 would be more interesting.- In this scenario, if price then gets back to the $103 area, I would not rely on the resistance there.