Friday, December 5, 2008

Zignals Stock Charts: Big test for AIB

Allied Irish Banks was one of the many losers in the opening of US financial markets although there was no company specific news to account for the drop. With my second AIB call under threat with a stop at €1.89 can it find the reserves to dig in and hold €1.91 support?

For US Market watchers, support for AIB is at $5.00. Made a fresh call for the US version:

Think AIB will make it to November highs or break November lows? Make YourCall today.

Dr. Declan Fallon, Senior Market Technician, the free stock alerts, market alerts, and stock charts website