AES is showing a classic Rectangle. Don't miss the move.
Sideways movement between parallel supports.
Bullish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for AES Corporation (AES) on the daily chart. Currently at $14.62, the asset is showing upward momentum (0.07%). Algorithmically, a Ascending Triangle structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $14.74, targeting $15.24 with support near $14.57 (R:R 2.94).
What is your outlook on AES?