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AIG

$AIG Short Term Long SetupIn this setup I expect price to recover from last week's 14% dip on monday preceeding earnings, I personally plan to day trade this on Monday to catch what I expect will be a pre-earnings rally. If price breaks the 20 MA (yellow line) with a good amount of volume, it would be safe to assume that we would get back to testing the top of this ascending triangle we've been forming @ around 27.75$, especially if the earnings are solid. I would set a tight stop at around 23.50$, but for longer term swing trade i'd aim for the support @22.25, which is confluent with the neckline of the inverse head & shoulders observable on the 2nd of April. TP@ 25.5$ as there lies the 200 MA which has rejected the price time and time again. I'd be careful of holding this/most stocks as we have had a ridiculously strong dead cat bounce from our lows in march and the overall trend is very bearish. As we can see here the S&P 500 recovered 36% but has recently been rejected by the 200 MA and is currently forming a bearish divergence on the MACD. Cheers and goodluck Feel free to share your thoughts :)
NYSE:AIGLong
by Zanalysis
Analysis of AIG 19.09.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 57.50 • Take Profit Level: 58.50 (100 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 56.20 • Take Profit Level: 55.80 (40 pips) USDJPY A possible short position in the breakdown of the level 107.70 EURUSD A possible long position at the breakout of the level 1.1065 AIG A possible short position in the breakdown of the level 0.9900 GBPUSD A possible long position at the breakout of the level 1.2530
BMFBOVESPA:AIGB34
by PaxForex
bear flag on AIG and subdued volatility: put debit spreadAIG currently is trading with an IV30 of 19.6, making its IV Rank 21.8. This low rank indicates that the options will be cheap, and encourages debit spreads, regardless of being bullish or bearish. These spreads will profit when volatility mean-reverts to higher levels. Because of this well-developed bear flag, we are expecting a continuation of the prior downtrend, thus reversing the immediate uptrend characterized by higher highs and higher lows. To profit off of this, we are doing a put debit vertical by longing the July 26th 54 puts and writing the 53s, for a max potential profit of 41 and capped potential loss of 59, per contract. This is particularly cheap because they expire prior to the expected earnings announcement on August 1st, '19. The break even price is 53.41 because it is being done for a debit of .58. There is max profit below the short strike K = 53.
NYSE:AIGShort
by LaurenTrading
AIG's Pre GFC Bubble vs. Gold. Interesting similarity.Not that this is necessarily meaningful, but I find the characteristics of these assets rather strikingly similar. While I certainly would not trade off this alone, it kind of cements my view that Gold is potentially due to for a huge selloff here, which is a very contrarian take in today's market environment. The charts read extremely similarly... peak exuberance hits then bursts to a low that is half way down the increase since the start of the bubble. For AIG, this was the dotcom bubble, and for Gold, it was the commodities exuberance from 2000-2011. After initial burst, market stabilizes and the asset recovers, but is a shell of what it was during the bubble era. It rises, bouncing off a new neckline back and forth over the next 7-8 years with smaller waves in each bounce. At the end of 8 years, the narrowing bounces hit the neckline, and sell off likey in tandem with some variety of crisis). The crisis breaks the neckline, and the bear market resumes for the asset, forcing technical traders to realize that the previous 7-8 years were a very long bear flag bouncing off a neckline. And for whatever it's worth, I'm not saying this is a high probability scenario that Gold breaks the neckline, and I certainly don't think it's going to zero. But I think there is a much higher risk of a big selloff in gold than the market realizes.
NYSE:AIG
by GTStockmaster
3
AIG showing signs of multi-month improvementAIG was hit particularly heavily in the 2007-2008 mortgage crisis, and whilst other names, such as JPM have managed to recover, American International Group has been a stark underperfromer. There are early signs of improvement, however, as prices begin to push above the critical USD64.93 year high of July 2015, with rising studies suggesting further gains in the coming months towards significant resistance at USD80.00. Still higher is the October 2008 high. It would seem Hedge Funds and Asset Management teams will likely further increase their exposure in AIG, and this could help to maintain, or even catalyse, the implied rally.
NYSE:AIG
by Michael_Macdonald-XATSUK