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American International Group stalls - Analysis - 22-10-2021
American International Group's stock (AIG) fell in the intraday levels on profit-taking while gathering momentum and venting off overbought saturation in the RSI, as the current resistance of 59.85 held on, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.
Therefore we expect the stock to rise and target the resistance of 63.50, provided the resistance of 59.85 was breached.
Expected trend for today: Bullish
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