AON trade ideas
AON - Wedge formation Long setup Trading Room November 12,2019
Time: 0:24:50"
Entry: $297.83
Target: $213
stop loaa: $193
$AON Double Top: 50% Retracement, 200 EMA, Gap Fill ConfluenceSee Callouts. Alternate entries are posted on chart, wait for price action. Please Like, Comment and Follow :)
Check out my homies pages here for more great analysis:
www.tradingview.com
www.tradingview.com
Goodluck!
Bearish ButterflyBearish Butterfly with larger AB=CD pattern forming. The pattern is also showing the beginning signs of some bearish divergence. I will be watching this one to see how price reacts to the PRZ (potential reversal zone), which is the green box.
AONLong base wedge potential breakout. Based on monthly and weekly. Just my thoughts, which are posted on chart.
AON 2.0 - NOW?Second attempt to byu AON.
The deal will be transferred to the breakeven point if the price falls to the blue level by the end of the session.
I expect to exit the channel and continue the trend:
AON - MAY BE NOW? Aon is a professional services firm providing a range of risk, retirement, health solutions insurance and reinsurance brokerage.
Ok, I think the time has come. The price has exceeded 200MA and it's definitely good! I have long been waiting for the opportunity to buy this paper.
It is necessary to take into account the $ 145 level and the upper boundary of the downtrend (pennant, if you want), which are very strong resistance levels.
In general, the paper looks very decent. Just look at this:
P/E 49.26
Forward P/E 15.72
Open 142.19
SL 140.42
TP 149.27
Good luck!
AON - HS formation short from $137.03 to $130 & further down AON seems forming a tall H&S formation. We think it has good downside potentila. We consider our first target at the H&S neckline. However, it can easily go further down.
* Trade Criteria *
Date First Found- December 13, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- $137.03 (hit December 13, 2017)
Exit Target Criteria- 1st Target $132, 2nd Target- Momentum
Stop Loss Criteria- $140.73
Indicator Notes- Twiggs money flow deep in the negative side.
Special Note- Good insider selling
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Insiders are selling, you must tooo!!Nice short Setup on AON
Insider "BRUNO JOHN G" just sold 10,000 Shares
Followed up with my AON postA look back to my AON post a month ago, when selling was so aggressive causing the price to fall vertically, i identified a channel bottom price to enter, taking into account that a false breakdown might happen.
And it did, my 1st long call options were triggered around 78.5 but 77 was not triggered.
Took my profit when price broke up of my original downtrend channel, like i always do, expecting a break out so i can have more profit. Yes, i sold my long call @88 but i do not know this bull is so stubborn.
Hence i totally miss out on the upward price from 88 - 90.5. It doesn't affect me because i know surprise happens :-)
Now, i have added a new less steep downtrend channel based on latest price action.
Put options @90.5 triggered taking into account that the bull might continue charging back to the undercut of uptrend channel top!!
Indicator wise: MACD line was too separated apart, need to close, RSI trendline still up, and look out whether it breaks the support. I do not bother to wait. Short first.
Note: This is a extremely aggressive approach which will 100% incur loses for a much greater return (which might not happen). Hence all my post should not be construed as an advice to trade as it is. Please do your due diligence as well.
Vertical price movementIt would be good if price broke down the channel support, then using smaller time frame to look for buying the dip
