American Electric Power - Good risk to reward stock trade idea!
Looks like a good setup to go long. It may take couple of weeks to hit the target, but good wait for 1:2 risk to reward ratio.
Disclaimer: This is neither recommendation nor advise to invest/trade. This is my journal for educational purpose only
Disclaimer: This is neither recommendation nor advise to invest/trade. This is my journal for educational purpose only
Nota
Since earnings are on Thursday, it could be good short term trade as I would like to close before the earnings. I might try options if get at right price.Nota
So bought Jan 90C options day of earnings and decided to hold through the earnings. I have few weeks to see if it hits the target. Will close the position in loss if AEP closes below 89.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.