AEP , Technical Long
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States.
This is a technical entry , trading a range here . Good risk to reward .
Company has good margins, high institution ownership and a low short float , which should help this to bounce/hold imo. Quick ratio ,however, is only 0.30 (not too stable) . That's OK for me though because I am only trading a range in this instance and I am happy with the risk.
Good luck ~
This is a technical entry , trading a range here . Good risk to reward .
Company has good margins, high institution ownership and a low short float , which should help this to bounce/hold imo. Quick ratio ,however, is only 0.30 (not too stable) . That's OK for me though because I am only trading a range in this instance and I am happy with the risk.
Good luck ~
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