AIG Wave Analysis – 16 February 2023
February 16, 2023 @ 19:40 +03:00
• AIG broke daily down channel
• Likely to rise to resistance level 64.00
AIG recently broke the resistance trendline of the daily down channel from January – which accelerated the active impulse wave (3).
The breakout of this down channel is aligned with the clear multi-month uptrend from last October.
AIG can be expected to rise further toward the next resistance level 64.00 (top of B-wave of the previous ABC correction (2)).