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Jordsito
Feb 29, 2024 8:46 PM

AIG Long -- Sweeping gaps Long

American International Group, Inc. NewNYSE

Description

This is an idea I've yet to do any FA on and is based almost purely on TA.

Currently has a golden cross on 1M and hardly any upcoming resistance. between $117 to $211 is a gap created in Sep '08 amidst the GFC, and a fill could be upcoming.

Dividends upcoming this month (2%) keeping me roped in; using this position for pf stability while out of short-term trades.

Let me know if anyone has ideas related to AIG -- I typically don't trade financial services companies.

Best of luck
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