๐ Ticker:
AES (AES Corporation)
๐ Timeframe: 1M (Monthly)
๐ Price: $11.48
๐ Volume: 109.4M
๐ RSI: 40.20 (Oversold rebound zone)
๐ Technical Setup:
AES has just bounced from the lower boundary of a 30-year ascending parallel channel, a zone that has historically marked major long-term bottoms.
๐ข Green arrow: Rebound from long-term trendline support
๐ Targeting reversion to the channel median
๐น Pattern context: Mean-reversion strategy inside macro uptrend
๐ง Trade Plan & Price Target:
โ Entry Zone: $11.00โ$11.50
โ Stop-Loss: Close below $9.50 (channel structure breakdown)
๐ฏ Target: $20.00
โ ๐ Return: +75.6% from current levels
โ ๏ธ Key Insights:
RSI near historical bounce zone (40)
Major volume surge may signal capitulation
AES is historically cyclical within this macro structure โ mean reversion is likely
Short interest elevated โ potential for short-covering rally
๐ฌ Will AES power a multi-quarter reversal like it did in 2002, 2009, and 2020?
๐ Add it to your radar if youโre watching for long-cycle rebounds.
#AES #MeanReversion #LongTermChannel #Utilities #ValueTrade #TargetTraders
๐ Timeframe: 1M (Monthly)
๐ Price: $11.48
๐ Volume: 109.4M
๐ RSI: 40.20 (Oversold rebound zone)
๐ Technical Setup:
๐ข Green arrow: Rebound from long-term trendline support
๐ Targeting reversion to the channel median
๐น Pattern context: Mean-reversion strategy inside macro uptrend
๐ง Trade Plan & Price Target:
โ Entry Zone: $11.00โ$11.50
โ Stop-Loss: Close below $9.50 (channel structure breakdown)
๐ฏ Target: $20.00
โ ๐ Return: +75.6% from current levels
โ ๏ธ Key Insights:
RSI near historical bounce zone (40)
Major volume surge may signal capitulation
AES is historically cyclical within this macro structure โ mean reversion is likely
Short interest elevated โ potential for short-covering rally
๐ฌ Will AES power a multi-quarter reversal like it did in 2002, 2009, and 2020?
๐ Add it to your radar if youโre watching for long-cycle rebounds.
#AES #MeanReversion #LongTermChannel #Utilities #ValueTrade #TargetTraders
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.