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.
This is a reversal play. AEP has received huge volume with a few bullish candles on the daily. This could signal a reversal for AEP and could be worth putting some money into. Make sure you practice proper risk management! Have a good week traders.
This is the weekly chart of AEP. Huge bounce with volume. Lots of OI on the 2/19 90c. Ultimate PT: 90
American Electric Company after fall again on Weekly level and good chance to buy it again. Fundamental record still good and can expect rising it's EPS.
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million retail customers in 11 states. About 43% of AEP's of capacity is coal, with the remainder from a mix of natural gas (29%), renewable energy and hydro (18%), nuclear (8%), and demand response...
$AEP Potential long scalp opportunity within parallel channel. This is a risky countertrend scalp with no confirmation yet Good luck!
The Price Is Near The Bottom Again The price keeps doing higher highs and higher lows. We can see that price is testing the low of the pattern again and with this comes another long possibility as well. Thank you and Good Luck! First analysis: