AIG exposed to negative pressure - Analysis - 07-08-2020

American International Group' stock (AIG) fell 0.05% in the last session, confirming the breach of the upward short-term trend line, with negative pressure from the 50-day SMA, with negative signals from the RSI.

Therefore we expect more losses for the stock, targeting the first support at 27.67, provided the resistance of 32.98 holds on. 

Expected trend for today: Bearish