Technical analysis

AIG Wave Analysis 21 March 2024

– AIG broke key resistance level 75.00

– Likely to rise to resistance level 80.00

AIG recently broke the key resistance level 75.00, intersecting with the resistance trendline of the daily up channel from October.

The breakout of the resistance level 75.00 accelerated the active short-term impulse wave 3 of the intermediate impulse wave (5) from January.

Given the clear daily uptrend, AIG can be expected to rise further to the next resistance level 80.00.

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