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How will AEP react to it's results on Feb 27th?
American Electric Power Company, Inc.
Short
How will AEP react to it's results on Feb 27th?
By JD_TeenTrader
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Feb 26
1
Feb 26
We are taking a short position on AEP before it's results.
1) There is a nice deep crab pattern on H4
2) The H4 is overbought
3) There is a double top
4) Divergence is present
This is a purely technical view and we expect the news to be bearish for AEP.
Stop loss above 84.50
Target 73.
AEP
Chart Patterns
Deep Crab
Harmonic Patterns
Stocks
stocktrading
Trend Analysis
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