AXP's strong brand loyalty and premium customer base support long-term fundamentals, though recent regulatory risks from Trump's credit card cap proposal could pressure margins. Technicals show support at $200, but watch for breakdown below this level.

Market sentiment is mixed, with 'buy the dip' calls contrasting Trump's policy headwinds; short-term volatility likely but long-term bulls cite AXP's resilience. The 'unstoppable stocks' narrative suggests enduring investor confidence despite political noise.

Regulatory risks from Trump's proposal introduce near-term uncertainty, but AXP's moat in premium payments and global expansion mitigate long-term threats. Monitor policy developments—if capped, earnings could face material pressure.

RSI nearing oversold territory (32) and MACD bearish crossover signal short-term weakness, but 200-day SMA ($205) holds as critical support. Volume spikes on negative headlines suggest panic selling—watch for reversal patterns.