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JoeHayes

Alternate Bullish Bat Pattern for CNO

Long
CNO Financial Group, Inc. (NYSE:CNO)  
JoeHayes  
NYSE:CNO   CNO Financial Group, Inc.
Bat Harmonic Patterns support Support and Resistance Stocks Butterfly Shark alternate Momentum Indicator (MOM) currency buy double bottom
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Monday brought a bounce off of the 1.128 extension to form an Harmonic 'Alternate' Bat Pattern. I would look to get long the stock at the Monday close price with stop loss tightly below the lows of Monday with profit target just in front of the next resistance level. We also have a stochastic cross along with bullish momentum divergence on the mac-d histogram.

Entry: 16.03 Limit
Stop loss: 15.49
Target: 16.89
R/R : 1:1.6
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