AIG Long -- Sweeping gaps
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
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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