Friday, February 22, 2013

Trading: $AEG

$AEG - Aegon released earnings a couple of days ago.  The stock went up about 6% to reach a high of $6.95.  Wednesday, I sold my position.   Thursday, the stock was down about 4% on heavy volume.  The stock has strong support in the range from $6.18 to $5.98 (see rectangle on chart).  The Volume Profile looks very interesting and the chart displays the Cup and Handle Pattern that supported the prior breakout.  I'm not sure the what will happen tomorrow, but we'll see.


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