AES

After a deep five-wave decline (1–2–3–4–5) from its $30 peak, AES has reached its structural base and started building Wave (A) of a new bullish corrective phase.

The recent upward move reflects early accumulation interest, supported by price stability within the demand zone between $9 and $12.

The next key stage is a potential Wave (B) retracement, followed by a larger impulsive move higher (Wave C) toward key resistance levels.

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The AES Corporation (AES)

The AES Corporation is a global energy company headquartered in Arlington, Virginia. AES develops, owns, and operates power generation and distribution businesses in multiple countries, focusing on renewable energy and grid modernization.

Industry: Energy / Utilities

Key Focus: Renewable power (solar, wind), battery storage, and sustainable energy solutions.