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Perhaps even more important, AEG looks like a buy. 1)Techically AEG just broke out of the $4.0-$4.8 bottoming range whereit spent the last 8 months;the next resistance is at $5.8 range. This is a clear 20% potential for this rally leg.2)On longer term AEG just started the longer upward rally toward $8. Classsic Ellioticians would call the current rally 3 of (1).Anyways, looks like AEG (and by the way I think most EU financials, insurers and banks, including ING) is on their way to reccover to their intrinsic value range.
Any idea what the earnings are going to be?