17.06.2024
The trend is up. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy when the formation of the upward wave structure starts, where the wave A breaches the sloping channel of the downtrend truncated structure.
Stop-loss at 86.92.
Price targets at 92.35 and 93.20.
#americanelectricpower #aep #stock #tradersroom #daytradingpatterns #forexexpertadvisor
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