Seems logical to start loading shorts in a few months out. Moves slower but I think we break here and follow the rest f the market. If so this could be a bank play. Somthing that hasn broken Down yet. Still testing huge reistNce.
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...
Position: Short Entry Price: $86.54 Target Price : $77.26 Stop loss: $89.53 RSI is downward-sloping after having touched its resistance level of 70, threshold for overbought stock STOCH signals an overbought stock ADX is around 20 but D+ line is now downward sloping, after being been above D- since the segment DC started The pattern respects the Fibonacci...
this chart is looking dangerous.... pop to 89.35 area, if we cant pop above 92...id be laddering shorts around 89.30s close if it breaks and holds above 91s
American Electric Power Company, Inc. (AEP) oversold on the daily! Based on support and resistance we have: Price target: 91.50usd Stop loss: 76.30usd
AEP setting up for a 1 point move here, possibly more with a hold of golden ratio fib, we should see a push up. WAIT for confirmation.
NASDAQ:AEP had a nice trendline break on Thursday followed by a retracement bar giving the perfect opportunity for a trade entry. Entry above Friday's high at 85.68 Profit target is just under the high on 4/20/21 at 90.52 Stop loss under Friday's low at 84.74 Risk/Reward ratio is 5.15
Earnings today or tomorrow for this ticker which is consolidating on rising volume on the ema 50/100 Time frame 1 hour
The price is testing its resistance at 86.80 after a nice test of ema 100
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. This is a technical entry , trading a range here . Good risk to reward . Company has good margins, high institution ownership and a low short...
Bear flag can be seen inside the diamond. Both looking at the same target at 1.0 Fib of the length of the previous downswing. However, I would place a stop near 0.618fib due to the bullish bias of the market.
Bullish divergence on daily, spring developing into ascending triangle
$AEP formed a bullish channel at support. Watch for a push to the channel structure.