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MetaShackle
Feb 2, 2024 2:41 PM

ACGL Showing bearish divergence, and possible head & shoulders. Short

NASDAQ:ACGL1W
Arch Capital Group Ltd.NASDAQ

Description

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ACGL - Arch Capital Group is showing a slight bearish divergence on the weekly chart, and what could potentially be a bearish head & shoulder's pattern.

I bought the March 15 Puts at $0.75 cents expiring March 15th 2024.

Good luck!
Trend AnalysisChart PatternsFundamental AnalysisACGLshortsetupBearish Patternsbearishdivergencehead_and_shoulderheadandshouldersformationputsaleshortposition
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