AES is showing a classic Ascending Triangle. Don't miss the move.
Bullish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for AES Corporation (AES) on the daily chart. The stock is trading at $14.84, up 0.07% on the day. Price action has carved out a classic Ascending Triangle. The trend indicator is reading 60.0/100, suggesting moderate momentum. A potential breakout level is identified at $14.88, targeting $15.23 with support near $14.76 (R:R 2.92).
What is your outlook on AES?