AMERICAN INT'L GROUP
(AIG-NYSE):
Technical Viewpoint: From a low
of $84 1/2 on Aug 25, 2000 prices
rallied, reaching a
high of $90.19
on Aug 31, 2000. A
decline saw prices pull back, reaching a
low of
$86.06 on Sep 9, 2000.
Another rally saw prices penetrate
resistance, closing 9/11/00
at $91.56. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Sep 11, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $86 1/2. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 8, 2000. A P&F upside
reversal takes place at $89 1/4. Summary: Technical indicators have turned bullish. BUY! AMERICAN INT'L GROUP
(AIG-NYSE) @ $91 7/8 Stop: Use a protective stop of $88 7/8.
AMERICAN INT'L GROUP is currently trading @ $91.56 plus $2 3/4 on Sep 11, 2000. Price Objective:
$106.00. Risk/Reward: $3.00 VS. $14 1/8. Today's Risk Reward Ratio: 5:1
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