AIG like to make big moves. In our last update on AIG we noted that it had broken out of its triangle, to the downside. We then gave its new target:
Target price is now 11 to 12.50 (although there may be a retest of the triangle first).
In the chart below you will see that today it retested that trend line on the triangle. Now would be a good time to short AIG, with a stop just above todays high.
AIG
