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AMERICAN INTERNAT GROUP
(AIG-NYSE):
Technical Viewpoint: From a low
of $8.22 on Jul 10, 2009 prices
rallied, reaching a
high of $55.90
on Aug 28, 2009. A
decline saw prices pull back, reaching a
low of
$32.66 on Sep 2, 2009.
Another rally saw prices penetrate
resistance, closing 9/21/09
at $48.40. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Sep 21, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $39.00. Resistance: Is at $55.90.
Point & Figure: Reversed to the upside on Sep 21, 2009. A P&F upside
reversal takes place at $46.00. Summary: Technical indicators have turned bullish. BUY! AMERICAN INTERNAT GROUP
(AIG-NYSE) @ $50.13 Stop: Use a protective stop of $47.63.
AMERICAN INTERNAT GROUP is currently trading @ $48.40 plus $8.49 on Sep 21, 2009. Price Objective:
$60.00. Risk/Reward: $2.50 VS. $9.87. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$60.00
Risk/Reward:
$2.50 VS. $9.87
Risk/Reward Ratio:
4:1
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