CNO FINANCIAL GROUP - 30d expiry - We look to Sell a break of 20.29 (stop at 21.31)
22.50 continues to hold back the bulls.
Resistance could prove difficult to breakdown.
A break of the recent low at 20.36
should result in a further move lower.
Daily signals are bearish.
News events could adversley affect the short term technical picture.
20.36 has been...
CNO FINANCIAL GROUP - 30d expiry - We look to Sell a break of 20.29 (stop at 21.31)
There is no indication that the selloff is coming to an end.
The move lower is mixed and volatile, common in corrective sequences.
A break of the recent low at 20.36 should result in a further move lower.
Daily signals are bearish.
News events could adversley affect the short...
CNO FINANCIAL GROUP
Intraday - We look to Buy a break of 19.37 (stop at 18.43)
Daily signals are mildly bullish. Price action has continued to range within a triangle formation. The bias is to break to the upside. A break of resistance at 19.35 should lead to a more aggressive move higher towards 21.00.
Our profit targets will be 21.51 and 23.00...
This is a very boring, low P/E, financial/ insurance play that probably won't provide excitement. But for those patient enough, this stock could outperform the broader industry due to it's size and yield. Notes for the security are on the chart. Feel free to discuss in the comments.
Entries: $28, $21, $19, $17
Targets: $40, $66
Stop Loss: weekly close below...
Hey people, CNO FINANCIAL GROUP gives in a bearish hammer candle with a large volume of sales at the end of the session. She made a pent-up salesperson attempt on the TIMEFRAME 5 Min. We see a hammer buy candle and on the 1 min a bullish continuation. In this present case of climbing to the top of the consolidation zone as, we have passed half of the zone, it is...
weekly time frame showing momentum off of weak corrective move signaling strength
daily time frame nice gap up to new 50 day high to continue trend on positive volume pressure
long term hold
Monday brought a bounce off of the 1.128 extension to form an Harmonic 'Alternate' Bat Pattern. I would look to get long the stock at the Monday close price with stop loss tightly below the lows of Monday with profit target just in front of the next resistance level. We also have a stochastic cross along with bullish momentum divergence on the mac-d histogram....
