AIG Daily (14.08.2014) Technical Analysis Training
The American International Group (NYSE:AIG) Daily Diagram Technical Analysis Training shows the following:
The AIG share has broken the neckline of SHS pattern that we have mentioned in last diagram. Now AIG is trying to breaches the Kijun Sen into the KUMO.
MACD is bullish under the zero line and RSI is 50 to bullish. The volume is moderate.So the first think in mind is the reversal and the breach of Kijun Sen resistance.
There is no special candlestick pattern. The share is into the KUMO and above the Kijun Sen (the bet for today) and Tenkan Sen too.
Long AIG if it positive today for 54.63 first and watch the 2.618 of fib as a level. Otherwise stop loss and short for 53.12 first.
The AIG share has broken the neckline of SHS pattern that we have mentioned in last diagram. Now AIG is trying to breaches the Kijun Sen into the KUMO.
MACD is bullish under the zero line and RSI is 50 to bullish. The volume is moderate.So the first think in mind is the reversal and the breach of Kijun Sen resistance.
There is no special candlestick pattern. The share is into the KUMO and above the Kijun Sen (the bet for today) and Tenkan Sen too.
Long AIG if it positive today for 54.63 first and watch the 2.618 of fib as a level. Otherwise stop loss and short for 53.12 first.
