NYSE:HIG broke above resistance, formed new candle above the symmetrical triangle bullish volume last few days 2.1 buy rating, uptrend since October this is not advice just my thoughts :)
HIG is looking good for a short term run, maybe longer, but Ill be out be end of the week. 10 EMA cross and strong momentum.s looking good for a short term run, maybe longer, but I'll be out be end of the week. 10 EMA cross and strong momentum. Today's gain was nice
Hi friends The daily graph of this market shows with a high probability that it will experience a downtrend but at the same time we must be vigilant of the change in the direction of the market.
HIG broke the wedge and the .318 fib retrace with some bullish action last week. Target at previous high.
Look at the Chaikin Money Flow line; Institutional buying has definitely started in heavy. They are moving it in slowly to keep the volume down, but it's still going to rise.
Last week The Hartford rose with daily, even with decreasing volume throughout the week, then finally rallied Fri. And although it settled over the weekend it appears to be daily increasing this week, implying bullishness. Watch in the morning for another move up. Be careful though because it is due for a pullback (which could prove an even better entry).
W RSI <5. Looking for Reversal to Mean higher. Taking 60 Calls as no Vol for decent spread. Nov Exp but aiming to Close in profit well before that... Good Luck - Watch your $$$ RISK
wow do not find good short opportunities like this very often. Double top, possible adam and adam, that has already completed a throwback. I used the 4HR chart because it really pops out at you on the chart. Also, there are several trend line breaks. MACD is not looking great, leaning down. Stock on higher time frame charts will likely lead the MACD down. But...
HIG is at a support with a low risk. I would like to put a trailing stop on this one and hold it for a few days.
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.