Ascending Triangle for KNSL. Confirmed Pros: 1- Bullish Ascending triangle broke through resistance with volume 2- Descending volume during formation of the triangle 3- PPS above 50MA and 200MA 4- RS above 0 and ascending 5- R/R ratio above 5 6- 250RSI above 50 and ascending 7- 50MA above 200MA 8- 50 MA and 200MA ascending 9- Golden cross in blue Cons: 1- ATR...
Today i'm going to teach how to find the dynamic equilibrium with closely related stocks and whether or not they have a profitable inverse relationship
Kinsale Capital Group (KNSL) is a mid-cap property and casualty insurance provider currently breaking out into new high ground. The insurance group is ranked in the top 10% on the basis of relative strength. In other words, insurance stocks are outperforming 90% of the market. And Kinsale is the #1 name in the group in terms of earning per share, relative...
🧮 Fundamentals: Strong fundamental with recent report surprising expectations Earnings: +50% Sales: +17% Gross Margin: +43.2% Institutional support: +523 funds (increasing over the last 5 quarters) Industry group: Top performing group (#16/200) 📐 Technicals: VCP pattern (volatility contraction) as per Minervini methodology Stage 2 uptrend as per...
The idea posted from yesterday is working according to plan. We observe the following behvaiour ✅ Confirmations 9/15 Days up 9/15 Good Closes 4 Higher Highs Up on +50% Volume 2 Weekly Higher Highs ❌ Violations No violations Follow for more