AIG turning up from a base, 10+% upside to resistance
Quick observation: AIG is turning up from a base and is lagging far behind TRV which has already returned to its highs.
I would risk a drop back under the EARNINGS SUPPORT line about 2% lower (but use a 4% or so stop loss) and target a rally to the 60-62 area, up more than 6-7 points or 13%.
Keep an eye on TRV to make sure it holds up against the highs or else AIG will likely turn back down. What we want to see is a gradual 'catch-up' as investors slowly sell out of their TRV positions are re-position into AIG.
The valuation of AIG seems less solid than TRV which earns steady returns while AIG's quarterly earnings are more volatile.
Do your own due diligence:
Tim
53.76 last AIG
10:35AM EST 3/18/2016
I would risk a drop back under the EARNINGS SUPPORT line about 2% lower (but use a 4% or so stop loss) and target a rally to the 60-62 area, up more than 6-7 points or 13%.
Keep an eye on TRV to make sure it holds up against the highs or else AIG will likely turn back down. What we want to see is a gradual 'catch-up' as investors slowly sell out of their TRV positions are re-position into AIG.
The valuation of AIG seems less solid than TRV which earns steady returns while AIG's quarterly earnings are more volatile.
Do your own due diligence:
Tim
53.76 last AIG
10:35AM EST 3/18/2016
Catatan
Working very nicely. AIG up and TRV flat.Trading ditutup secara manual
AIG has had a nice surge from the base and I'm happy to bank the profit here and find other compelling values. There are plenty of other stocks with more earnings and therefore a better "value" than AIG. I hope you all did well on this position.Catatan
58.29 last AIG- up roughly 10% from entry
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.