American Electric Power Trading Analysis (22/09/2025)
The trend is ascending. The stock is trading within the 365-135 EMA range. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator and the Stochastic Oscillator indicates an oversold condition.
Tade idea:
- Buy at the beginning of the ascending wave structure formation when wave A breaks the sloping channel of the truncated downtrend structure.
- Stop-loss at 105.70.
- Price targets are 111.00 and 114.50.
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