Wednesday, 22 June 2011

American International Group - Good Buy at Current Levels for long term investors

American International Group (AIG) looks to be a good buy at current levels! In my opinion, this would be a good time to be a position trader for this particular stock. The confirmation to buy AIG would be when it breaks out of its triangle and closed above the red Kijun line on my Ichimoku overlay. One could nibble a little bit at this stock and then add more as it goes higher when it breaks out of a proper base.

Keeping AIG on my watchlist.



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