Boatius

AEP is in the middle of a sideways channel

NASDAQ:AEP   American Electric Power Company, Inc.
My view on AEP is currently neutral. It has been trading sideways the last couple of months and currently seems to be between a support and resistance zone. Trading this stock seems risky at the moment since it's a bit hard to tell what will happen in the next couple of days/weeks. My suggestion here would be to hold off on investing for now. Feel free to share your input on this quick idea, any feedback whether positive or negative is always appreciated. Happy holidays everyone!
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