Look for a breakout of the channel. Good luck
$AEP Added to the Nasdaq 100 index (NDX) www.globenewswire.com
After entering the oversold territory , it has made a hammer indicating the reversal in the trend. Immediate Target - 85 and then shift stop loss to 85 with target for 90
Green Hammer at the bottom of a down trend, and yesterday confirmed reversal. Since Yesterday it closed in a green doji the move is still undecided. Given bullish sentiment to the market and the increased volume in this stock the past 2 days, it could either consolidate here or keep rising. I don' see any bearish momentum at all. Given that this bounced from the...
I am sure you’ve probably heard about price action trading. It’s not the name of an American action movie 🙂 You will read price action on every financial web site and media when they refer to the movement of any stock of Forex cross pair. Price action is the movement of the underlying stock price plotted over time. It is said to form the basis for all technical...
Trading on Fibo levels using a correction grid.
Thank you and Good Luck!
AEP is looking bearish because it shows a repeated channel pattern with distinct troughs and peaks. Indicators are pointing towards a sell, and so is candle action. Tradingview is rating AEP as a "sell" right now.
Weekly and monthly since 2009 wonderful channel up, now consolidation since three weeks in a flag-like zone. Seeing how the previous 5 times after earnings shares came back a lot, I would wait for a retest of the ascending trendline and then trying to find an entry at around 84-86. For the long term its a wonderful stock.
PEAD is projecting a slight bullish outlook for $AEP, Price is currently trading around above the median line of the PEAD cone.
Given a Biden win, there is a significant near-term upside. Long-term, it will steamroll the sector.
Looks like a good setup to go long. It may take couple of weeks to hit the target, but good wait for 1:2 risk to reward ratio. Disclaimer: This is neither recommendation nor advise to invest/trade. This is my journal for educational purpose only
AEP on the resistance or down abc or jumping up after abc the trade is 3% risk for 30% win this is not advice! just an idea if you like don't forget to follow my page :))))
Target 1 : 100 You must look for a good entry point **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
"Be Careful As The Main Trend Is Bullish" Bearish Scenario: TP = @ 88.28 Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Thank you and Good Luck!
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Short 100 $AEP Long 89 $ATO