kungfuguo
Long

AIG Weekly Analysis 10/26/2013

BATS:AIG   AMERICAN INTERNATIONAL GROUP, INC. NEW
78 0 0
AIG             long and strong on the weekly candle.

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





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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