Stock Of The Day: AES Hovers Near Resistance — Will It Break Out Or Reverse?
1. AES is testing resistance at $12.35, indicating potential price movement. 2. Resistance levels suggest a possible bullish breakout in trading. 3. Breaking resistance may shift selling pressure, creating a new uptrend. 4. Market-neutral strategies might be employed by traders anticipating volatility. 5. U.S. consumer confidence drop could impact broader market sentiment.