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ANERICAN INTERNAT GROUP
(AIG-NYSE):
Technical Viewpoint: From a low
of $65.19 on Dec 26, 2003 prices
rallied, reaching a
high of $70.81
on Jan 13, 2004. A
decline saw prices pull back, reaching a
low of
$67.85 on Jan 28, 2004.
Another rally saw prices penetrate
resistance, closing 2/2/04
at $70.88. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 11, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $69.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jan 30, 2004. A P&F upside
reversal takes place at $69.50. Summary: Technical indicators have turned bullish. BUY! ANERICAN INTERNAT GROUP
(AIG-NYSE) @ $71.38 Stop: Use a protective stop of $68.88.
ANERICAN INTERNAT GROUP is currently trading @ $70.88 plus $1.43 on Feb 2, 2004. Price Objective:
$82.50. Risk/Reward: $2.50 VS. $11.12. 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:
$82.50
Risk/Reward:
$2.50 VS. $11.12
Risk/Reward Ratio:
4:1
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