d.vezeris

AIG Daily (15.07.2014) Technical Analysis Training

Long
NYSE:AIG   American International Group, Inc. New
aig
The American International Group (NYSE:AIG) Daily Diagram Technical Analysis Training shows the following:

The AIG share has made a long term development with the support of Kijun Sen & Tenkan Sen lines (for 3 months now) (light blue & light green). These support lines are above the KUMO, which means that the AIG is bullish in long term. The weekly and monthly diagrams are both bullish to neutral.

So the first think in mind is the red resistance line. MACD is bearish and RSI is neutral to bull. The volume is moderate.

There is no special candlestick pattern. The share is above the KUMO and above the Kijun Sen and Tenkan Sen too.

There is SHS pattern that has solved downtrend but the KUMO support was very strong.

I make some long thoughts in the case of breaching the red resistance line.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.