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
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