July 28

Ichimoku Stock Trade Setup for Sp500 : AES Stock

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Based on the filtering on the heatmap for the SP500, we found a bearish counter trend trade.   It is for the stock AES.   The entry is 12.58, initial stop of 12.64, preserve mode value of 12.26, and a target of 12.04.     This would give us a max. risk of 0.06 and a min. reward of 0.32 to the preserve mode.  This would give us 3:1+ reward/risk i.e. 300%+.   Here is the chart setup:

 

 

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Tags

AES, Day Trading, etf, Ichimoku, nasdaq, nsye, sectors, stock, Stocks


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