Trading Aes AES With Integrated Risk Controls

June 23, 2022, 16:00 pm ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Aes (NYSE: AES) report below can help you, but we have more details too. The trading plans for AES, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for AES

• Buy AES slightly over 20.05 target 21.80 stop loss @ 19.99 Details

The technical summary data tells us to buy AES near 20.05 with an upside target of 21.80. This data also tells us to set a stop loss @ 19.99 to protect against excessive loss in case the stock begins to move against the trade. 20.05 is the first level of support below 20.705 , and by rule, any test of support is a buy signal. In this case, support 20.05 would be being tested, so a buy signal would exist.

• Short AES under 21.80, target 20.05, stop loss @ 21.86 Details

The technical summary data is suggesting a short of AES as it gets near 21.80 with a downside target of 20.05. We should have a stop loss in place at 21.86though. 21.80 is the first level of resistance above 20.705, and by rule, any test of resistance is a short signal. In this case, if resistance 21.80 is being tested, so a short signal would exist.

Swing Trading Plans for AES

• Buy AES slightly over 21.80, target 23.62, Stop Loss @ 21.74 Details

If 21.80 begins to break higher, the technical summary data tells us to buy AES just slightly over 21.80, with an upside target of 23.62. The data also tells us to set a stop loss @ 21.74 in case the stock turns against the trade. 21.80 is the first level of resistance above 20.705, and by rule, any break above resistance is a buy signal. In this case, 21.80, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AES near 21.80, target 20.05, Stop Loss @ 21.86. Details

The technical summary data is suggesting a short of AES if it tests 21.80 with a downside target of 20.05. We should have a stop loss in place at 21.86 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 21.80, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AES

• Buy AES slightly over 21.80, target 23.62, Stop Loss @ 21.75 Details

If 21.80 begins to break higher, the technical summary data tells us to buy AES just slightly over 21.80, with an upside target of 23.62. The data also tells us to set a stop loss @ 21.75 in case the stock turns against the trade. 21.80 is the first level of resistance above 20.705, and by rule, any break above resistance is a buy signal. In this case, 21.80, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AES near 21.80, target 20.40, Stop Loss @ 21.85. Details

The technical summary data is suggesting a short of AES if it tests 21.80 with a downside target of 20.40. We should have a stop loss in place at 21.85 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 21.80, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

AES Ratings for June 23:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Weak
P1	0	0	20.05
P2	19.79	17.78	21.80
P3	20.40	19.45	23.62

Support and Resistance Plot Chart for AES

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