An Interesting Duo

Off of the COST news this morning, which obviously is not favorable to AXP, the stock is continuing on lower from the major topping pattern we have been observing for a while now. If you think it is is a coincidence that the stock had been weak for a while in front of such apparently surprising news, then I would remind you that technicals often lead the fundamentals and news flow for stocks. 

Going forward, AXP remains a short idea into bounces. The first chart, below, shows the weekly timeframe head and shoulders starting to play out, targeting the low-$60s. 

And on the long side, after earnings ZEN remains a long idea over $26, seen basing tightly on the second daily chart.