$AEOGreen: Entry Point
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Red: End of Week
Thumbs Up: Trade Available for Week
Numbers: Price Targets
*For share traders only. Not meant for options.
AEO trade ideas
$AEO Tilted Cup and HandleI am seeing a not so perfect cup and handle for $AEO. Rationale that is a bullish stock is because fundamentals says so as their EPS diluted growth rate is more than 100%. Let's observe.
Ka-ching!
(Potential Trade) AEO(11 May 2024)
Watching AEO as a potential breakout trade.
Potential Entry: $25.15
Initial S/L: $ 22.14
Counter has appear to have completed Subminuette Wave iv as a Flat correction from its Subminuette Wave iii High at $26.44
Look to play the breakout trade as soon as it triggers the $25.15 high
Trade will be voided if prices break down in the opposite direction instead
AEO potential buy setupReasons for bullish bias:
- Basic DOW theory
- Positive earnings
- No divergence
Entry Level(CMP): 23
Stop Loss Level: 19.45
Take Profit Level 1: 26.55
Take Profit Level 2: Open
$AEO: American Eagle Flying off 17.5We'll see if retail can continue it's bounce off the lows, if it does, I suspect AEO will continue at 17.5
AMERICAN EAGLE OUTFITTERS Stock Chart Fibonacci Analysis 040123 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 13.1/61.80%
AEO - BullishAmerican Eagle Outfitters (AEO) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items. As the chart shows it has room to reach 17$ and 18.10$. with major hurdle at 15.86$. Potential return is between 11 - 17.8%
$AEO - The winter is coming!The winter is coming for $AEO, and bears are going in to hibernation!
Looks like $AEO is on the lowest point of its' cyclic pattern and about to break all ceilings.
NYSE:AEO
Big moves ahead of AEO. Year long correction is over.I think that AEO is one of the most overlooked stocks right now. Elliot wave analysis suggests that the year long correction is over and we are on the brinks of starting a new motive wave. We clearly saw a breakout out of the falling wedge on friday, and that's BULLISH. Not only that, but AEO is a company that actually makes money. Above all that, AEO is a highly shorted stock with 23% of the free float shorted. Also, SPY is bound to rally into a corrective leg, short term is looking BRIGHT for AEO. NFA.
Rare Buying Opportunity for AEOThis monthly chart for American Eagle Outfitters ( AEO ) shows a clear non-logarithmic trend line that has continued throughout the history of the company's existence on the exchange (except briefly during COVID lockdowns). The green shaded area is a definite buy area for long-term investors. This linear trend held up during the Great Recession when 10% of the population was unemployed, and there is no reason to believe that economic circumstances are worse now than in the Great Recession, such as to expect the 25-year trend to end. Similar to VFC , this is another high dividend stock that is sitting in a relatively rare buying zone. Based on my charting analysis, I believe that this stock will likely end 2022 about 25% higher than the current price. So based on the charts, I expect to get about a 25% return on investment in addition to a 5% dividend by the end of the year.
Not financial advice. As always nothing is ever guaranteed. Trends can end.
Falling wedge patternA beautiful falling wedge appeared on the weekly chart. Normally, this is a bullish pattern. Combining it with the indicators, also with the price movements, then we get a bullish outlook. MACD indicator just painted a bullish divergence with higher lows on the indicator and lower lows on the chart. Besides that, we retested Dec 13. lows and it failed to sink below.
Support-Stop: 21,97
Resistance: 25,68
Target: 27,76
AEOWeekly Chart Report
AEO weekly chart looking primed for a breakout to the upside. It has a positive divergence on the RSI and the last two green candles went up in increasing volume. The first level of resistance is 29 and then 32.
AEO!!amazing oull back buy oppertunity...flipping previous trend resisatnce into new support...first start to a big impulse....and it pays dividens! could me in ! avergaed in at 23.40
AEO is ready to goThis retailer has been seen huge multiple compression as the company continues to grow. It has very low debt levels and is best of breed. It is retesting the downtrend breakout. I initiated a position long. If it can clear the neckline it looks like a inverse head and shoulders
American eagle Inverted head and shoulder pattern and it just tested neck line and heading upward.This will be the best hedge proof retail stock ..........do your own reserch
thanks
AEO Talked about this one at 23$. Broke out of falling wedge and inverse head and shoulders. Target is back at the peak as falling wedge targets is the top of the wedge most resiatnce is coming in around 32$ which is the old support of that descending traingle breakdown nice volume rolled in today
AEO Personally I feel strongly this wedge will play out to the upside. Strong bounce off long term previous resiatnce as support We did break long term resiatnce above tried to hold and fail. However it did make a new high. This backtest could be the one that rips us through the all time high. Safest buy from her is supprt above 26.50s. Otherwise watching 23-22$. Very close to a breakout
AEO - Short Setup Break Below $33.27 Target $26.75 Stop: $35.35 H/S pattern , Earnings AUG 25 ,Recent insider sales, Divergent TMF
$AEO Break out Wedge
💬 This is a mid-term play, it's been consolidating around $34 level and formed a wedge and is about to break out.
✅ Q1 Earnings - Earnings per share rose 157.14% year over year to $0.48, which beat the estimate of $0.46.
✅ The analyst price target of $38
✅ Dividends -American Eagle Outfitters Raises Qtr. Dividend From $0.1375 To $0.18/Share
