This is an idea I've yet to do any FA on and is based almost purely on TA.
Currently has a golden cross on 1M and hardly any upcoming resistance. between $117 to $211 is a gap created in Sep '08 amidst the GFC, and a fill could be upcoming.
Dividends upcoming this month (2%) keeping me roped in; using this position for pf stability while out of short-term...
American International Group had one of the biggest drops during the Global Financial Crisis. Now, after 15 years in the penalty box, the former Dow member could be fighting back.
The main pattern on today’s chart is the January 2017 peak of $67.47. It remains AIG’s highest level since October 2008 -- one month after the insurance giant lost about 90 percent of...
If you followed me on the GNRC you would very happy right now.... as it went up $17-20 today. That got me starting to think I wonder if there is another one out there waiting? And then I found this. Stay tuned for more info.... Lets keep in mind this stock did consolidate at over $990 for what looks like a year or more.... Now $50?!
On the four-hour chart, the trend started on March 27 (linear regression channel).
There is a high probability of profit. A possible take profit level of 61 .
But do not forget about the SL = 48.5
Good luck!
Regards, WeBelieveInTrading
Hello,
American International Group, Inc. (AIG) was once considered one of the world's leading insurance companies, with a brand and competitive advantage that was virtually unmatched. However, in recent years, AIG has lost both its brand and competitive edge, as it has struggled to overcome a series of challenges and setbacks.
One of the main reasons for AIG's...
On the hourly chart, the trend started on April 19 (linear regression channel).
Since the trend is not over yet, there is a high probability of profit.
A possible take profit level is 49.51
But do not forget about SL = 52.76
Good luck!
Regards, WeBelieveInTrading
To my opinion aig need to bounce back consolidate and it’ll go up eventually
20.3 buyers tend to buy shares of the stock shows a green candle after consolidation
Make sure entering gets an uptrend first (look at weekly chart to look for support resistance and market flow)
Inverted H&S pattern on this daily timeframe
Labelled each point in green circle
The white area is an up channel that price is in
Showing my thought process with the bars pattern tool
AIG pennant breakout potential
Early entry when yday VAH becomes support or wait for old resistance to become support and play the larger breakout once confirmation is made
American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. The company's General Insurance segment provides general liability, environmental, commercial automobile liability, workers' compensation, casualty, and crisis management insurance products; commercial,...
The PEAD projected a Bullish outlook for $AIG after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
AIG has been moving in a long-term uptrend since its recovery from the pandemic's economic shock back in 2020. The price has recently made a new higher high, which confirms that the uptrend is still very valid. The price has then retraced back to the long-term uptrend line. We could see that this uptrend line has been respected many times in the past and prices...
Price is flagging and has some support on longtime up trendline.
Will watch to see if we get a break of this flag or if we go back to the trendline, where it would offer a better R:R
American International Group is in an upward triangle. it met major resistance of 65 $ which was achieved in Oct 2017. the support level of 62.46 is broken i took a short position. but the trade is risky and reward is massive so chances of hitting Sl are high.
