Get started
Classic-Options

$PGR Trading in Bullish Descending Wedge

Long
Progressive Corporation (The) (NYSE:PGR)  
Classic-Options Updated   
NYSE:PGR   Progressive Corporation (The)
Chart Patterns Technical Indicators
2
1
chartpattern indicator
$PGR possible reversal at lower trend line of descending wedge.
Upside target could test recent highs.
MACD +divergence looking to confirm.
Stop at recent lows.
Comment:
Nice run with breakout from bullish pattern.
Good area to take profits and raise stops on rest.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.