American International Group Inc. (AIG) still stands a chance to move up on momentum
American International Group Inc. (NYSE: AIG) moved up by over 21% on momentum buying by traders on high volumes of 114,519,400 stocks on Monday, that was more than times the usual daily volume in AIG. With this, AIG has already appreciated by more than two and a half times since 1:20 stock split in July. AIG may evince more buying interest as with a RSI of 63.2, it is still far from reaching overbought zone.
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Posted-In: Long Ideas Technicals Initiation Trading Ideas