AEE has been on a consistent uptrend for the past year. Great opportunity to buy as it has confirmed support on the 4 hour EMA chart. Good swing trade with a growing company.
Technically the chart is bullish but we do harbor concerns for the valuation and the fact the stock has now reached the Average Analysts price target of $79. Analysts will now be forced to review those targets which could lead to downgrades. Yield 2.4% Short Interest 4.7% P/e ration 24 - could be considered high Company Profile Ameren Corp. operates as a...
Ameren is doing well, and a 15% earnings surprise last week helps. The utility sector is going to find some renewed interest as investors seek safe harbors to weather this trade war storm. Utilities are great defensive plays because they provide services to an inelastic demand, so they're not affecting by imports or tariffs, and people aren't suddenly going to...
DAILY supply zone turned support 20 MA trail 72.34 - next resistance
AEE is approaching our first support at 66.99 (horizontal overlap support, 23.6% Fibonacci retracement) and a break below this level might see a strong drop in price to our second support at 62.91 (61.8% Fibonacci extension). RSI (55) is also approaching support and a break below this level might see a corresponding drop in price.
Before the trade there will be a bounce form lower point of the channel and the price will go to the upper resistance line after the trade you recognize the support and reistance line well that you should be carefull when seting stop order somethimes the rule of previous high is not enough.
AEE broke above the 50-day MA. and a symmetrical triangle. The MACD shows upside momentum.
Coming after a 7-month support and succeeding a heavy selling session yesterday with upbeat buying and an RSI pointing almost straight up. Stock hit oversold territory January 10.
Bearish up-thrust with high volume on 27th Mar 2017, forming a bearish engulfing candlestick pattern
Lots of Utilities forming potential flattop breakout patterns....some still have earnings call in the coming week.
Ameren Corporation is an American power company... The company is based in St. Louis, Missouri, serving 2.4 million electric, and 900,000 natural gas customers across 64,000 square miles. AEE has failed to breach the 54 resistance and has now formed a bearish head and shoulders on weekly. Short with a stop over the right shoulder high, ~53.5. Once we reach 50 we...
Long: I see 2 reasons to Long - 2 days price was closing above level 49 and we can see triangle based on 49 as resistance side. So, I bought it with stop-loss 48.9 and target 52. Will see...
thepatternsite.com - Friday was the first bust after the downward breakout. Ride it up until it busts again
$AEE is displaying far too many things that are worthy of considering a short for 1.5-3 R:R trades; 1) 2 previous days have respected the High-Low 50% fib almost to the cent 2) RSI has been toying with the RSI overbought level several times and is dipping under it once again 3) Price is peeling away from the upper bollinger indicating change of momentum 4) MACD...
Possible short unless can hold these levels. Short to $42.09, then if breaks futher short to $40