We are taking a short position on AEP before it's results. 1) There is a nice deep crab pattern on H4 2) The H4 is overbought 3) There is a double top 4) Divergence is present This is a purely technical view and we expect the news to be bearish for AEP. Stop loss above 84.50 Target 73.
2 Resistances rejected, the price seems to be aiming to 75 again. If the price trespass that support, we're going right to 45-50
AEP has pushed itself up to this strong white line This has occurred previously I expect continuation along the white line on this Weekly timeframe for a time comparable to the first
AEP $AEP Initial Short. Inside double bear harmonic. TP and SL on chart. 10-30x leverage. Move SL on TP. After TP2, trail at 0.5ATR step with 1.5ATR offset.
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
$BA pulled back nicely after breaking out of the bull flag. I expect continuation to the upside. Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽 See my previous $BA post below:
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...
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 :))))
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Short 100 $AEP Long 89 $ATO
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Short 100 $AEP Long 89 $ATO
GOLD, MCD, AEP, CAG, CMS, D, DUK, ED, ES, NEM, NOC, PPL, SO
AEP, AZN, AZO, BHP, BMY, CAG, CPB, CVS, ES, ETR, GPC, HRL, HUM, K, KMB, MMC, OMC, RIO, SO, SYY, TGT, TSN, VMC, WEC