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AEP Trading Analysis (25/06/2024)

25.06.2024

Market Review

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

Author: GC
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