American International General (AIG) surge is only a selling opportunity above $41

American International General (NYSE: AIG) surged past $39 to close at $39.39 in Tuesday’s session, after having earlier retraced to $33 from around $ 56.8 over the past three months on high volumes.

The rally in the American International General (AIG) stock in otherwise long term weak looking chart of American International General (AIG) stock could at best be described as a bear market rally for company. American International General (AIG) appears to have very little leg room on higher side of not higher than $42.

Traders, should keep an eye an on American International General (AIG) stock and use bear market run-up as an opportunity to short the American International General (AIG) stock around $41-42,