AES Corp

AES is in a Stage 2 corrective reset following a Bullish Pivot Point signal. Price is consolidating above the 9/20/50 EMAs with the medium-term directional bias bullish, but short-term timing remains neutral. Recommend deferring execution and stalking for a pullback into the rising 50-day SMA or 9/20 EMAs, looking for acceptance above those levels before initiating a long position.

• ↑Q2 2025 adj. EBITDA $681M (+3.5% YoY) with adj. EPS $0.75 (+6% YoY)
• ↑PPA backlog at 11.7GW, including 2.2GW added in Q2, driven by data-center demand
• ↓Adverse weather and asset monetization weighed on Q2 EBITDA and margins