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kungfuguo

AIG Weekly Analysis 10/26/2013

Long
American International Group, Inc. New (BATS:AIG)  
kungfuguo  
BATS:AIG   American International Group, Inc. New
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AIG long and strong on the weekly candle.

This is a continuation of a series of previous posted charts .

AIG Weekly Chart 10/12/2013
AIG Mid-week analysis 9/16/2013
AIG Weekly Analysis 9/7/13

As show here, on weekly chart AIG now broke the resistance at $50.3, into the next zone of consolidation. I expect the RSI to drop a bit (to around 60-70s) before continuing the next leg up. The bullish trend is certainly up and strong.

Disclosure: No position in AIG at the time of analysis
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