How will AEP react to it's results on Feb 27th?

Short

American Electric Power Company, Inc. (BATS:AEP)

BATS:AEP American Electric Power Company, Inc.

trendanalysis harmonicpatterns chartpattern deepcrab aep stocks stocktrading

We are taking a short position on AEP before it's results.

1) There is a nice deep crab pattern on H4
2) The H4 is overbought
3) There is a double top
4) Divergence is present

This is a purely technical view and we expect the news to be bearish for AEP.

Stop loss above 84.50

Target 73.

Clause de non-responsabilité

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