[isatrader]

AES Corp (AES) was said to have a favorable technical pattern and buying was recommended on a pullback towards the 13 level. The Trader Stop Loss was given as 12.49 and the Investor Stop Loss was given as 11.39

Trader stop - on the daily chart the last pivot low was 12.56 and so the 12.49 suggested stop loss position was directly under the pivot low and the under the half point.

Investor stop - 11.39 was the recommended level, which is below the swing low of 11.43 that was near the 30 week MA. The stop was also placed below the 30 week MA.

ATR distance to stops - For AES the ATR(200) was 0.342 at the time of the recommendation and so:

• 1.49% ATR - Trader stop distance
  
• 4.71% ATR - Investor stop distance
  

Other observations - AES had closed above the 2011 range/resistance and was pulling back to test it; below average volume following the breakout; relative performance versus the S&P 500 is above the zero line; 30 week MA had recently turned up; it had been rising for 6 months making higher lows. So this was stronger pick than the previous stock, but still only a reasonable B grade type pick per the methods entry requirements due to the lack of any volume increase imo.