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Company: The AES Corporation (AES)
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  Purely on technical grounds: Target price $14.91

Based on a Jeanty Buy pattern. For a description of the pattern I am talking about, take a look at and you should be able to see all the components of the pattern. For an example of a recent signal based on a similar pattern, check out GOOG on and view the article with title "BUY: Target $461.90 "

Here is the pattern for AES:

image:JBP AES 9 19 08.jpg

You should be able to recognize the 4 components of the pattern and compute the target price of $14.91. Based on en entry price of $13.21, the closing price on 9/19/08, this would mean a potential gain of $1.70 or 12.87 percent.

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