AIG had a very bearish signal a week ago. Because of some news, it went up again with a gap, only to reject the 54 level. A double bearish divergence on the histogram and a triple bearish divergence on the FI, with a false breakout, all on a weak weekly chart. I shorted at 53.36, with a stop at 54.44 targeting the 50$ round level, and maybe even 47$, allthough it's hard to go all the way to 47 without a stock market panic.
Weekly picture here :
Weekly picture here :
