The $42-43 range has expected as resistance for $HIG earlier in the year. Recently it was acted as support. We could see a bounce here with a tight stop.
Just clean and easy bounce off the 10 EMA.
Doubt this one triggers. If HIG doesn't break the 50 ema on the 5 I still like this trade.
Look for retest gap day trade if it trades bullish. Volume supports bounce
long setup. waiting for breakout from resistance to trigger buy setup
Long setup. Up trend resistance breakout. trigger = breakout/close > $28.10
This bearish pattern has a measured move to $23.75 which also is previous buying point. If it fails to hold second target price is $22.65 area. If you decide to short this stock, make your stop loss at recent swing high $24.70. Join us www.woowtrading.net
HIG broke Double Bottom @21.00. Probably moving towards 23.50 the next resistance.