frodo75

Bear Flag and Diamond Top Reversal at AEP

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frodo75 已更新   
NASDAQ:AEP   American Electric Power Company, Inc.
Bear flag can be seen inside the diamond. Both looking at the same target at 1.0 Fib of the length of the previous downswing. However, I would place a stop near 0.618fib due to the bullish bias of the market.
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评论:
Looking at cross under 76.23 to short. Can't figure out a good SL position. If we don't see a spirited move to the downside, perhaps shorting is not the right strategy on this one. Will check volume profile and update.
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vol profile over last two years is well above current price.
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The time has come. Me shorting now => greatest buying opportunity for the rest of you :)

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