Replies to post #111605 on Savvy Trades and Investments

[SSKILLZ1]

AES

Sold AES Today at $18.47. They are reporting after the bell today. I am worried analyst estimates are once again too high in the 1rst half, because there earnings are significantly back end weighted toward the 2nd half. I strongly believe the company should still go higher in the long run, but we are going into resistance near overbrought levels (RSI High 60's). Time will tell, but I think I will be able to buyback cheaper after the quarter. Had almost a 20% profit anyways on it, counting the divy I will be getting, so decided to take it. All is just my opinion, and I could always be wrong though.