NYSE:AES Possible Scenario: LONG Evidence: Price Action TP1 ~29.5$ This is my idea and could be wrong 100%
nice trendline support, chart looks ready for a huge rally next week, look for 35-40 if 30 round number resistance can break and hold! :)
Now over 07 highs and now upper resistance left are from 1999-2000 so most of those seller are already gone. $AES is poised for a break out.
I can't understand how money will continue to move into this stock, while it just reported a $400M loss. If market conditions change to become bearish - like the implied move suggests - then I can see this stock going down harder than the rest.
Trading on Fibo levels using a correction grid. Short position
$AES posted earnings with a neutral outlook projection after a Negative Over reaction placed the stock in Drift C. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
AES Corp. has retraced 88.6% of its Feb/Mar range This may be setting up a Bearish Harmonic Bat Pattern reversal Adding to this is an ABCD pattern (in green) where CD is a 1.27 extention of AB at the current price. Let the pattern develop and roll over as it is a reversal and going against the recent trend, before deciding to initiate/exit an existing position. S.
AES has had a huge run, it may be best to wait before adding to your portfolio.
AES: The AES Corporation 2020-08-10 06:00:00 AES Announces Acceleration of Future Payments of $720 Million from Two Long-Term Contracts at AES Gener
Triangle Breakout Please don't forget to FOLLOW , LIKE and COMMENT ... If you like my analysis:) Thank you and Good Luck!
Hey traders, AES CORP is in a fake bearish configuration, rejection of sellers with a large volume of sales, it is on a trend support which will break to go in the direction of its last previous lower. AES CORP is in a zone of equilibrium with more than half of its surface so we have a high propability to breakout the zone, to reach the next one and after seeing...
Hi friends the daily chart of this market shows that it will experience an uptrend in the next few days but at the same time one must be vigilant of the placement of the stop loss and the level of profile to gain. please subscribe to receive more analysis