Technical Analysis Spotlight: American International Group Ticker Symbol AIG

In these dark and gloomy days of rampant bears, it is rare to find a buying opportunity, more so among financials. American International Group (NYSE ticker symbol AIG) may just be the odd man out. Here’s why.

If you draw a trend-line joining the lows of 1998-10-08 and 2003-03-12, and extend it, you will see that this line acts as a support for the lows of 2007-11-21 and 2008-01-18.

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