The following is technical analysis on American International Group ( AIG ) stock for March 24, 2009.AIG Support & Resistance Levels - 3/24/09
Resistance Levels: $2.00, $2.12
Support Levels: $1.06, $1.00
AIG stock has closed over the 50 day moving average for the 4th straight day, something that hasn't happened since last July. The 10 day moving average is getting ready to cross the 50 day moving average, another bullish signal. At this point, I would be watching $0.95-$1.00 as support and yesterday's high of $1.54 as resistance. A break above $1.54 would be huge and AIG could retest $2.00. It finally seems as though the AIG stock bottom is in at $0.33. For More Technical Analysis - Go Here
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