June 4, 2016
The AES Corporation Stock Analysis
The price action response to the Support and Resistance, the price action will not move north any further when at resistance. The price action will not fall any further when at support. The price action has been ranging since April 8, 2016 for eight weeks. From the chart, you see the price action has stopped b y the support turn resistance zone. MACD histogram has showed weakness, the price action may fail and move south when MACD continue to show weakness. Lock in and keep watch this stock.
June 3, 2016 The AES Corporation Weekly Chart
MACD is a leading indicator on the direction change.
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Moses Stock Analysis and Scan
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