Short ALL at $80 as it is overbought and will be pulled back soon.
Long from the daily close above the descending trend line. Target 71.
ALL was a PERFECT GAP and GO 2 days ago. Perfect in every way. Kind of like, Brad Reed, Queen and Journey. Therefore, limit sell at 61.81, x 63.31 as a bearish swing. Target... is lower. :)
AllState Corp buy limit 68.96 stop loss 68.79 profit trgt 69.46 Safe Trades; open.spotify.com spotify:track:3vY7cKuKNY1oAsyVVn7AQz
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 79.72 Analyst Consensus Price Target: 73.16 QA Price Target Range: 64.89 - 92.34 Total Alpha Rank: 97th percentile Value Alpha Rank: 96th percentile Growth Alpha Rank: 50th percentile Quality Alpha Rank: 79th percentile Sentiment Alpha Rank: 65th percentile
It seems that it's time to show some pain to the breakout buyers... We could test 45... 3,4,5 pattern.
ALL will be a buying opportunity, once hurricane SANDY goes away.
We might see a little pullback on ALL at this 40.00 price. however, it does have nice symmetry and momentum and should expect it to climb up around $50