Failed twice to break 169,35. Might face a minor retracement before a new reversal near 158-160.
Just to keep track of my own investment
Tryg is a Danish insurance, it will probably go higher - Furthermore Tryg is a divended stock.
TRYG A/S Trickerkode: Tryg er ved at blive spændende, både FA og teknisk, dog kunne den tekniske del godt bruge lidt flere positive tegn. Men mon ikke den holde sig til din range kanal!? Synes i hvertfald det er er god risk/reward i forhold til dette swing som er vist på chartet. Open trade til kurs 177-179 Take profit til kurs 205-208 ( max gain 17 % ) Stop loss...
I expect TRYG to target 223 DKK within the next month. Stop-loss in 194 DKK.
Good weather and no snow in Denmark so far, thus the insurance stocks should have good financial reporting next year. This stock is a part of the Danish leading C20 index and seems to be able to go for the top of the drawn trend channel now that the black resistance line has been overcome. It should hold 184 DKK so a stop loss can be put there.
There's not a lot of interest in insurance companies these days, but you gotta love how price action turns around instantly from this PRZ :) Let's see if it can keep it up. Nice bullish bat Reciprocal ab=cd one bar from 1:1 in time Good matching channel Median line target hit