American International Group tries to gather momentum - Analysis - 11-06-2021

American International Group's stock fell in the intraday levels after the resistance of 52.68 held on, while trying to gather momentum to help it rise anew, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, as the RSI reached oversold levels. 

Therefore we expect the stock to return higher, targeting the resistance of 55.80, provided the resistance of 52.68 was breached. 

Expected trend for today: Bullish