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AMERICAN INT'L CORP
(AIG-NYSE):
Technical Viewpoint: From a low
of $27.18 on Jun 4, 2012 prices
rallied, reaching a
high of $32.35
on Jun 28, 2012. A
decline saw prices pull back, reaching a
low of
$30.01 on Jun 2, 2012.
Another rally saw prices penetrate
resistance, closing 6/29/12
at $32.09. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 7, 2012 when the solid line crossed the dotted line to the upside.
Support: Remains at $30.00. Resistance: Is at $32.35.
Point & Figure: Reversed to the upside on Jun 7, 2012. A P&F upside
reversal takes place at $30.00. Summary: Technical indicators have turned bullish. BUY! AMERICAN INT'L CORP
(AIG-NYSE) @ $32.25 Stop: Use a protective stop of $30.25.
AMERICAN INT'L CORP is currently trading @ $32.09 plus $1.25 on Jun 29, 2012. Price Objective:
$40.50. Risk/Reward: $2.00 VS. $8.25. 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:
$40.50
Risk/Reward:
$2.00 VS. $8.25
Risk/Reward Ratio:
4:1
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