AEP Trading Analysis (18/10/2023)
The trend is descending. The ascending wave structure is truncated. The stock is traded in the range between 365 and 135 ЕМА. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell at the formation of the descending wave structure, where the A-wave breaches …