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AMERICAN GENERAL CORP
(AGC-NYSE):
Technical Viewpoint: From a low
of $58.81 on Jun 22, 2000 prices
rallied, reaching a
high of $67.94
on Jul 14, 2000. A
decline saw prices pull back, reaching a
low of
$62.00 on Jul 19, 2000.
Another rally saw prices penetrate
resistance, closing 7/26/00
at $88.00. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Jul 24, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $67.00. Resistance: Is at $72.00.
Point & Figure: Reversed to the upside on Jul 20, 2000. A P&F upside
reversal takes place at $67.00. Summary: Technical indicators have turned bullish. BUY! AMERICAN GENERAL CORP
(AGC-NYSE) @ $70 5/8 Stop: Use a protective stop of $67 7/8.
AMERICAN GENERAL CORP is currently trading @ $88.00 plus $2 5/8 on Jul 26, 2000. Price Objective:
$88.00. Risk/Reward: $2 3/4 VS. $17 3/8. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$88.00
Risk/Reward:
$2 3/4 VS. $17 3/8
Risk/Reward Ratio:
6:1
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