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The bullish falling wedge may play out, as you said. I don't see much upside in this chart though, even if the market goes up. AIG is a weak stock, it would be my candidate for shorting during a downtrend. For what it's worth.
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The bullish falling wedge may
AIG shoulderHeadshoulder Pattern, monthly???
Posted by junkie on 21st of Dec 2009 at 04:59 am
The bullish falling wedge may play out, as you said. I don't see much upside in this chart though, even if the market goes up. AIG is a weak stock, it would be my candidate for shorting during a downtrend. For what it's worth.
First Target could be about $56
Posted by joseph1 on 21st of Dec 2009 at 08:44 am