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[Platinum Sell Alerts] (7.12.23) 1 stocks with 3.2% gains
[Platinum Sell Alerts] (7.12.23) 1 stocks with 3.2% gains
August 22, 2023
PAPER TRADE ONLY
Sell Alert: AIG – $59.74 (1/2 position)
Sell limit hit at the 59.74 resistance level where we expected sell orders to be accumulating. All the oscillators are in the green and price action is above all the critical SMAs.
The portfolio still maintains a 1/2 position with a cost basis at 57.89. The 9-day SMA just crossed above cost basis which is the support level. Setting a sell limit above this cost basis will defend the remaining gains on this position. The gain on this paper trade was 3.20% or $92.50 for a 50-share position.
This information is for educational purposes and not a recommendation to buy or sell a stock.
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