AEE , Long , Trend following setup

NYSE:AEE   Ameren Corporation
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas , and Ameren Transmission.

A net positive company with decent margins that should be given a boost given the current rising bond yield environment .

They are low on free cash-flow though and do have some debt issues but I still think they are a good risk vs reward .

Trend following here , as we exceed the target on chart , I will adjust stop accordingly .

Good luck ~


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