Allstate initiated with a Buy at Citi. Citi analyst Suneet Kamath initiated coverage of Allstate with a Buy rating and $135 price target. The analyst initiated coverage on 11 U.S. Property and Casualty insurers with a neutral sector view. Despite a strong franchise and growth prospects, Allstate trades at a notable discount to its average relative...
AFL, ALL, BMY, ENB, GPC, K, LMT, MAA, MDT, OMC, RTN, SYY, TSN
Will look for entry on a back-test of support with $115 as near term target. MACD has given a buy signal on cross above Zero while the Histogram also ticks higher and green. Rsi can run much higher, new volume needed. Upgrade Allstate initiated at JPMorgan Allstate assumed with an Overweight at JPMorgan. JPMorgan analyst Jimmy Bhullar assumed coverage of...
Last days it is moving without stopping, on previous days a few FB was made, but the price closed under the lvl, now it is forming false breakout with 2 bars, if on 12.11 will open above and close under the lvl, then i will short it.
DAILY possible right shoulder forming double top at 95.48 20 MA breakdown initial support at 90.20
Maybe this is just a moral decision and not so smart but I live in Florida where hurricanes are very usual, bet against insurance companies who could save your house or car is quite stupid as to bite the hand that feeds you. This is not an idea nor a call. Just simply don't do it. Learn how to beat the market as Professional Trader with an ex-insider!...
Channel break. Neckline Break, Neckline Retest Short Opts.
Average to long black day, governed by corresponding downward oscillators and sell action; from historic resistance.
Looking at a buy order on Allstate above the high of todays close. Price has formed an outside day bar, RSI and STOCH showing oversold signal and the market is in a strong uptrend. Price could retest 94-95 but I feel it is unlikely based on the PA. Volume is around average at just under 2 million shares traded. Price is hugging the 50ma so hopefully we will see...
NYSE:ALL BULLISH BOUNCE FROM 50EMA AND HORIZONTAL LEVEL
Previous retest gap at an all time high. Going to wait for a pull back into EMA's. PS. ALL grew right at 4.8X from 1994 - 1999. And now, from 2011 to current, it's about 4.3X ~ give or take. I'm not the best at math. Did it in my head. Still... just saying...
Many insurance charts look the same; sell-off being forestalled by on small volume. Filled 90.43.