AMERICAN GENERAL
(AGC-NYSE):
Technical Viewpoint: From a low
of $45 5/8 on Mar 15, 2000 prices
rallied, reaching a
high of $60.94
on Apr 4, 2000. A
decline saw prices pull back, reaching a
low of
$51.69 on Apr 18, 2000.
Another rally saw prices penetrate
resistance, closing 5/24/00
at $65 3/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 15, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $59.00. Resistance: Is at $70.00.
Point & Figure: Reversed to the upside on May 24, 2000. A P&F upside
reversal takes place at $62.00. Summary: Technical indicators have turned bullish. BUY! AMERICAN GENERAL
(AGC-NYSE) @ $66.12 Stop: Use a protective stop of $63 1/4.
AMERICAN GENERAL is currently trading @ $65 3/4 plus $4 3/4 on May 24, 2000. Price Objective:
$82.00. Risk/Reward: $2 7/8 VS. $15 7/8. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$82.00
Risk/Reward:
$2 7/8 VS. $15 7/8
Risk/Reward Ratio:
5:1
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