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.
Second entry for AEP as it continues to sell off. Target is recent swing low.
NASDAQ:AEP An impulsive break of 78.15 against the wave (y) high of 81.08 should confirm that wave (c) is in progress. Price should decline through at least 75.96 and 74.97 towards 69.38. A violation of the 81.08 will invalidate the wave count.
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
Can AEP catch a bounce of its 3Month EMA? Poised a nice looking DOGI Shooting star whilst buying back up above its moving average. A nice looking ratio from the bottom of the wick to the 0.5 retracement. Also having confluence with the 2nd Standard deviation of its long term regression trend. Mind you utilities maybe expected to overperform for the next coming...
I am seeing a trifecta to the upside. so sharing the 3R trade idea . let me know what you think.
we have a downtrend and good risk reward just wait to find entry around 93 94
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
This is my next treade in the Big Short USA project. We're going down
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
The PEAD projected a Bullish outlook for $AEP after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
Price recently closed above the .78 fibonacci level and the most recent candle managed to hold that level. The OBV confirms the recent price action. The D+ crossed D- on the ADX on 9/1 and the MACD is currently crossing. AEP has a negative correlation coefficient of -0.5880 (1 year) in relation to the SPY so despite the possible double top formation I am...
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.
The PEAD projected a Bullish outlook for $AEP after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
This flag needs to break if it is planning on doing so (o: The flag is n the verge of becoming too heavy for the pole to support. Compare Flag 1 to Flag 2. Flag 1 has a nearly straight pole to the upside and the flag pole more than adequately supports the weight of that flag. Pocket pivots (green triangles) are in abundance on the pole. The flag is a Bull Flag...
The PEAD projected a Bullish outlook for $AEP after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Desicion to Buy. Entry Price = $96.70. Target Price=$97.75. Stop Price=$95.65
AEP has been trapped in a range for quite some time and there is little reason to think it will break it. The bollinger bands set to 80 are really good to find the best entry for this kind of play. Ideally one could enter a short here (i use CFDs with no commissions) and exit on the basis (the middle line between the bands).