AES Corporation Looking Lower
Electricity generation company AES Corporation (AES) has been trading in a narrowing, albeit wide, trading range since 2009. The stock rose sharply off the 2009 lows and despite trading 8% below the August highs, remains up more than 120% since 2009. The stock has also been a relative outperformer versus its sector; the SPDR Utilities […]
AAPL Heading To $480
Apple Inc. (AAPL) continues to shape the tape somewhat each day and plenty of investors with a cost-basis above $650 abide by the hope and pray strategy for the stock to go higher. For a little more clarity using the more proven technique of technical analysis, let’s look at a few charts. When it comes […]