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
Ghi chú
Working very nicely. AIG up and TRV flat.Giao dịch được đóng thủ công
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.Ghi chú
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
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.