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AEP Trading Analysis (25/06/2024)

The trend is upward. The stock trades in the range between 365 and 135 ЕМА. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator.

American Electric Power Company, Inc. stock price chart

Trading idea:

Buy on the breach of 88.50.

Stop-loss at 86.90.

Price targets at 90.95 and 93.20.

#americanelectricpower #aep #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Penulis: GC

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