$AES - Looks to be bottomingNYSE:AES looks to be bottoming. The oscillators are curling up. The chart shows two oscillators, but the rest of the oscillators are all turning up.
The targets and potential drop area are shown on the chart. Target 1 would be a tough resistance as it is in the POC region, so there is a possibility of rejection around that level.
Bear in mind that if the triangle pattern plays out, the measured move upon breakout is $30.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
