NASDAQ:AEIS was one of the darlings of the '90s. So much fun to swing trade this stock. It is now moving up to test the all-time highs of 2021. Electronic Components are cyclical stocks typically with huge revenues ahead of holidays, school openings and summertime. The cycle is starting again.
Notice that Volume Oscillators and Money Flow indicators are rising...
Looking for short term continuation within a cup and handle structure.
Price is already within the handle and looks for more up movement before the handle structure breaks and price falls.
The up move could be considered to form a W pattern which I have shown with the bars pattern tool.
We have a Bullish Bat in midair keeping this stock up as it gets rejected from the Supply line of a Bullish Consolidation Channel but I think that this Bat will hold and that it will go for a true breakout of the channel in the coming weeks as this sector seems like it would be a very safe sector to be in.
Multiple time frame support confluence on $AEIS with accelerating earnings and sales.
I will be stalking this for a pullback setup low risk entry.
Need few days to setup.
This is a Bullish indicator signaling AEIS's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 47 similar cases where AEIS's MACD histogram became positive, and 39 of them led to successful outcomes. Odds of Success: 83%. Current price $63.33 crossed the support line at $62.79 and is...
$AEIS - The stock is consolidated after a dramatic fall. As you can see, it found support near the level of VWAP built since the beginning of 19 years. By MACD and RSI also good input signals. You can take the current one with stop 57, or wait for the exit from the range and buy when fixed above 63. TP1 - 66.2, TP2 - 70.4 TP3 - 75.3. Consolidated Target from...
Hello traders!
After overshooting all moving averages, the price of Advanced Energy Industries has broken out of its corridor and bounced off of the bottom of the corridor, which confirmed the breakout. The RSI is far away from being oversold and the MACD looks pessimistic. I believe the MACD crossing below the 9 EMA and the 100 SMA crossing below the 200 SMA...
$AEIS has broken out to the upside above the critical resistance line of $60 a share. Swing traders can look to take a position and use a stop loss of a daily close below $60.
About $AEIS
Advanced Energy Industries, Inc., together with its subsidiaries, designs, manufactures, sells, and supports power conversion, measurement, and control solutions. It offers...
This is an overall call based on a presumed uptrend in Solar Energy interest in the global market upon conclusion of current market fluctuations, initiatives like California's mandatory home solar, and general consumer interest in renewable energy.
AEIS is selling picks and shovels during a gold rush, heavily focused on supplying semiconductor and renewable...
stock has formed a H&S. indicators pointing down. I expect a a small throwback. april or march puts probably best way to play this one, however, might have to rollover. I am however cautious as the overall market is at a point of indecision. I would advise caution too. keep to the stop and do not stay locked to a profit target.
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