kungfuguo
Long

AIG Weekly Chart 10/12/2013

BATS:AIG   AMERICAN INTL GROUP INC
92 0 0
Another break out coming soon?

This is a continuation of a previously published chart. Looking at the weekly chart, what becomes evident is that
#1. AIG             is in a bullish trend
#2. AIG             moves up in a step-wise fashion

Despite of government shut down, AIG             was able to finish the week solidly in the positive territory.

RSI > 70 appears to be associated with progression to the next step. Based on that hypothesis, I expect that AIG             to break above $50.3, landing into the next step. This may happen as early as next week or the week after, assuming macro is intact.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out