In this chart we're looking at AAON on the 1D chart as price has consolidated into a rectangle. Price has broken out through the horizontal boundary at $52.50 and has confirmed the breakout by breaking through the $53.29 area. This rectangle has a price target of around $61.67 for about a ~17.5% gain. This chart pattern breakout is occurring above the 200EMA, so...
STALKING PUTS DEPENDING ON VOLUME - INSIDE DAY RIGHT AT PREVIOUS SUPPLY AREA
AAON found support on both the Tenkan-sen / conversion line and heading to break through both the Senkou-Span A and B lines. Entering long this week and based on price action possibly short in a week or 2 as it most likely gravitate back to the Tenkan-sen / conversion line.
If confirmed this is considered a reversal pattern.
Triple Top potential with some periodicity. Wolfe Waves 5 potential, at 127.2 extension. Stochastics bearish divergence.