08.06.2015 - According to our forecasts American International Group will continue to rise
The price of American International Group reached a level of 61.00 and a sloping resistance line, but failed to overcome it and corrected to the nearest support level at 60.50. Overcoming the psychologically important level of 60.00 is the basis for the continuation of the upward price movement with the first targets at 66.00 and 68.00. Correction is possible up to oblique line of support and the level of 58.50. We anticipate continued growth and recommend holding long positions with a stop below 58.50.