AAON BUYERS BEWARE!!!This is a classic early buyer inducement trap. Expecting this level to break and take out buyers before dropping to our demand zone.
AAON trade ideas
AAON Update – Potential Bullish Double Bottom!📈 NASDAQ:AAON Update – Potential Bullish Double Bottom! 🚀
👀 NASDAQ:AAON has formed a potential Double Bottom pattern, which is typically bullish.
🔑 If the price breaks out above the red resistance zone, it could trigger a move to fill the gap (potential 12% target) and reach the green line levels!
Keep a close eye on NASDAQ:AAON for a potential breakout!
AAON (AAON Inc.) – 30-Min Short Trade Setup!📉 🚀
🔹 Asset: AAON Inc. (AAON)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $79.84 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above $87.35 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $73.33 (First Support Level)
📌 TP2: $64.83 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $87.35 - $79.84 = $7.51 risk per unit
📈 Reward to TP1: $79.84 - $73.33 = $6.51 (1:0.87 R/R)
📈 Reward to TP2: $79.84 - $64.83 = $15.01 (1:2.00 R/R)
💡 Favorable Risk-Reward Setup – Aiming for a 1:2.00 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bearish Rising Wedge Breakdown – Price has broken below an ascending support line.
📌 Weak Buying Pressure – Struggling to hold above $79.84, signaling seller dominance.
📌 Volume Confirmation Needed – Increased selling pressure below $79.84 will confirm the downside move.
📌 Momentum Shift Expected – Breakdown below $79.84 can push price to $73.33, then $64.83.
📊 Key Resistance & Support Levels
🔴 $87.35 – Stop-Loss / Resistance Level
🟡 $79.84 – Breakdown Level / Short Entry
⚪ $73.33 – First Target / TP1
🟢 $64.83 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure below $79.84 before entering.
📉 Trailing Stop Strategy – Move SL to breakeven ($79.84) after hitting TP1 ($73.33).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $73.33, let the rest run to $64.83.
✔ Adjust SL to breakeven ($79.84) after TP1 is hit.
⚠️ Fake Breakdown Risk:
❌ If price moves back above $79.84, exit early to limit losses.
❌ Wait for a strong bearish candle close before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup – Breakdown signals downside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.00 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
🔗 Hashtags for Engagement:
#AAON 📉 #StockTrading 📊 #TradingNews 📉 #MarketUpdate 🔥 #Investing 💰 #ShortTrade 📉 #Stocks 📈 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #StockSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bearish 📉 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakdown 🚀
AAON possible short AAON is due for a pull back.
Please see the Monthly chart.
• Almost every time the momentum oscillator reaches about 79 level, there is a major pullback.
• There is an upwards sloping parallel channel that started 11/7/22. About 70% of these eventually break down. It reached the top of the parallel channel a few days ago, but 1 more push up will put it there again and with the Momentum oscillator probably close to target level.
Please see the 4-hour chart.
• The top may have already been put in. However, this still (in my opinion) may be a good starter position.
• You may want to consider looking for additional places to enter. These might include going back to the top of the parallel channel, double top of all time high, or a price/RSI divergence on the 1-hour chart.
Take profit targets:
First of all, please use a stop loss, especially if you get into a profitable position. Lock in the gains.
Target 1: The previous major high pivot of 4/29/24 which is $96.34
Target 2: Trend line at $96.34, which was the previous resistance level, which could become support.
Target 3: The trend line at $71.39, which is also a Fibonacci 0.5 retracement level. There is also a major upsloping trendline that will act as support is the timing is right and these level intersect with the price.
AAON breakoutWeekly breakout from cup and handle pattern. Target at $115. Standard stop-loss below the handle at $79, or a more conservative one below the current candle at $88.
AAON 2024-03-18 Looks bullishNASDAQ:AAON looks bullish
- Good revenue growth
- Good ROE, ROIC
- Consolidate at a support level
- Good risk management: Can enter here with the small stop (5%)
AAON Inc Reports Record Net Sales and Gross ProfitsAAON Inc (NASDAQ:AAON) reports a 28.6% increase in net sales for Q3 2023, reaching $312.0 million.
Gross profit margin for the quarter rose to 37.2%, up from 27.0% in Q3 2022.
Net income for the quarter was $48.1 million, a 75.0% increase compared to the prior year quarter.
AAON's backlog at the end of Q3 2023 was $490.6 million, down 4.7% from $514.7 million a year ago.
AAON Inc (NASDAQ:AAON), a leading provider of HVAC solutions, announced its third-quarter results for 2023 on November 6, 2023. The company reported record net sales and gross profits for the second consecutive quarter, with all three segments performing well. The AAON Oklahoma and BASX segments saw robust double-digit organic net sales growth and record gross profits, while the AAON Coil Products segment recorded its highest profits over the last four quarters.
Financial Highlights
Net sales for the third quarter of 2023 increased by 28.6% to $312.0 million, up from $242.6 million in the third quarter of 2022. This marks the seventh straight quarter of record sales in the company's history. The gross profit margin for the quarter increased to 37.2%, up from 27.0% in the same quarter in 2022 and up from 33.1% in the previous quarter. Net income for the quarter was $48.1 million, an increase of $20.6 million or 75.0% compared to the prior year quarter.
Performance Analysis
AAON's strong performance in the third quarter was driven by improved productivity across all three segments, incremental pricing, and improved overhead absorption. The company's manufacturing teams improved the efficiency of operations while continuing to add production capacity. Supply chain disruptions, which had been a concern in previous quarters, continued to abate, contributing to the rising production rates.
Backlog and Future Outlook
The company finished the third quarter of 2023 with a backlog of $490.6 million, down 4.7% from $514.7 million a year ago, and down from $526.2 million at the end of the second quarter of 2023. Despite the decrease in backlog, AAON remains optimistic about the future. The company anticipates that upcoming new refrigerant regulations will disrupt the industry in 2024, which AAON views as a positive opportunity to gain market share.
Financial Position
As of September 30, 2023, the company had cash, cash equivalents, and restricted cash of $22.5 million and a balance of $78.4 million on the revolving credit facility. The company's balance sheet remains strong with a current ratio of 3.0 and a leverage ratio of 0.33.
Price Momentum
AAON is trading in the middle of its 52-week range and near its 200-day simple moving average.
What does this mean?
Investors are still evaluating the share price, and the stock is still trying to generate some momentum. This is a Positive sign for the stock's future value.
AAON: Daily trend reversing?📈 Exciting News for Traders! NASDAQ:AAON is showing a promising technical signal on the daily timeframe chart, indicating a potential trend reversal.
🚀 It might be the perfect time to consider going long. For your safety, make sure to check out the stop loss details provided in the chart.
🍀 Wishing you the best of luck on this trade!
Cheers,
Ivan Labrie.
Some way to go...Insider sell, let's fill the gap... Tradingview wants me to text more BS about this super simplified idea. Liquidity taken. Fib lvl hitted. Insider sell news. Gap down there.
AAON - Channel Breakout AttemptPrice is attempting to break out of a large channel in grey.
Price can also be seen to form a nice rounded inverted H&S pattern.
This could lead to a strong breakout, further out of the channel.
I have drawn some smaller channels on chart for enjoyment.
🟩 $AAON - great move from watchlistLinking to my idea from 25 FEB - AAON has moved great on +500% Volume increase at the highest volume in the last 2 years. Lets see how hte follow through action would look
🟨 AAON - on the watchlistLooking for the stock to consolidate at the alert level (cyan color). If it breaks out of there I think this would be a good stock (around the red arrow).
This is what Jessie Livermore called the Line of Least Resistance
Practicing Analyzing Different chart using my indicator.Manually testing sd85 indicator for stocks. This is a major sell coming soon. This is for educational or entertainment purposes only.
$AAON with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $AAON after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
Short AAON CorrectionTriple Top
MA 20 Far
Low Volume
GAP
Sell at 80 Looking for add at 83-84 Resistance Area
TP1 First Fib Line
TP2 Trail / Gap close
End Trade Before Dividend
NASDAQ:AAON
$AAON Trade Idea$AAON D-chart. Long term buy overlooked by the market.
. formed a year long Cup with a handle formation, with the price trigger hitting last Friday.
. BUY signal with volume triggered (10/24)
. crossed over .618 Fibonacci with volume
. with earnings coming up, it could potentially rise to the 1.68 Fib level within days...if not, it may take few months.
. price trigger: 65.55
aaon sell off maybewith the price crossing downwards and might cross the sma line, also low atr, and the fib channel it looks like it is going to sell off don't know what target price is. The last reason why I think this is it hit its high awhile back at 80ish took a dip and doesn't seem like it will be able to get passed it, so if it crosses below the sma I will be selling my entire position.
Possible Bottom on Weekly Chart. I see multiple indicators showing a bottom on the weekly chart.
1. The stock is in a solid uptrend.
2. Last candle is a green doji.
3. The current price is near a clear level of support.
4. The doji bounces off the Lower BB
5. Looking for MACD to start closing in on signal line
6. Looking for RSI STOCH to cross above 20 line.
If this thing turns around, this could be a wonderful opportunity for an Option trade!
$AAONNice looking chart, don't much like the company website very much though. Seems to be declining towards it's next ER. Maybe the market knows something. Just watch for now, would like to see it show some more strength.
AAON at epic opportunity NASDAQ:AAON
Just noticed this stock and this great opportunity.
those position I like the most because you catch them at the start and can take high profit from just solid trend.
I have multiply reason to buy this stock:
Uptrend - this stock keeps going up few months now, just move up your stop command once in several weeks, and its a great profit.
very strong support level - as you can see, the support level gave me confident along this year so now after it send this stock back up, I am pretty sure this is going up this time too.
Perfect channel - the channel stayed storng since the COVID-19 came to our life, so I can realy lean on it.
Ensure candle - just saw the stocks signals that is going up according to the 3 points above, so I realy trust it.
I will put my position with 'take profit' at the top of the channel, and my stop not that far down.
If it will stay that solid I probebly will come to another money maker from that stock.
Of course, trading this stock is by your own risk.
keep trade well.
Stock AAON SeasonalityStock AAON seasonality starts to Buy date on February 27 and ends Sell date on April 24
Percent Profitable is 89.47% in 19 years and an average return of 9.59% per year
