In the last 4-5 bars, AIG attracted very few buy power.
My quant model predicts
Profitability: it has a high probability(80%) to drop below this level (38.75).
Worst Case: it could rise to $41.99
Money Management: Bet no more than 35% of the capital
Suggested Strategy: short stock for 5 Days
My quant model predicts
Profitability: it has a high probability(80%) to drop below this level (38.75).
Worst Case: it could rise to $41.99
Money Management: Bet no more than 35% of the capital
Suggested Strategy: short stock for 5 Days
Comment:
keep this position until the trend is confirmed to be reverted.
We keep it for another 5 days.