This stock has taken a beating Sometimes looking at the bottom at stocks that have been out of favor can pay off Do your research NV is very high on this one If price breaks the A triangle, the upper trendline becomes support. As of now it is R Price must cross neckline in a clear uptrend There are several A Triangles, I put the largest one on the chart. Price has not broken cleanly from any of them yet. If it hits entry level it will be well on it's way. Very bullish chart though Not a recommendation
Cincinnati Financial Corporation, together with its subsidiary, provides property casualty insurance products in the United States. The company operates in five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment offers coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. It also provides director and officer liability insurance, contract and commercial surety bonds, and fidelity bonds; and machinery and equipment coverage. The Personal Lines Insurance segment offers personal auto insurance; homeowners insurance; and dwelling fire, inland marine, personal umbrella liability, and watercraft coverages to individuals. The Excess and Surplus Lines Insurance segment offers commercial casualty insurance that covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, such as injuries sustained from products; and commercial property insurance, which insures buildings, inventory, equipment, and business income from loss or damage due to various causes, such as fire, wind, hail, water, theft, and vandalism. The Life Insurance segment provides term life insurance products; universal life insurance products; worksite products, such as term life; and whole life insurance products, as well as markets deferred annuities and immediate annuities. The Investments segment invests in fixed-maturity investments, including taxable and tax-exempt bonds, and redeemable preferred stocks; and equity investments comprising common and nonredeemable preferred stocks. The company also offers commercial leasing and financing services; and insurance brokerage services. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.
@emsl19, Crox is hitting hard R today from 2006. No pattern change that I see so as long as it gets through 54, she is possibly home free to reach the higher targets
emsl19
⋅
@lauralea, Thanks, did u buy fvrr, this name keep up almost everyday.
lauralea
⋅
@emsl19, I did own FVRR/sold it way too soon. A mistake I make but I guess better than selling too late. I am watching it now tho
@emsl19, SHAK is also hitting old R. S & R was made to be broken or stocks would range sideways all the time. R at 74ish then 78ish. Bull flag is predominant pattern right now but SHAK is forming a intra-year cup and handle pattern with Long entry at 79.4ish. Cup low would be 30.01. S noted at 64.75ish. Shak is soon to enter prior GAP down so may be a struggle inside of there..yearly C&H pattern would be long over yearly high but not forming yet
lauralea
⋅
@emsl19, To figure out a C&H pattern, subtract cup low from cup high, then add 38%, 62%, 79% for targets 1. Take in to account hard resistance areas. I am over my limit of 10 charts a day (I do not pay for this site..LOL) But when I can I will chart SHAK if I still see a cup and handle forming
lauralea
⋅
@emsl19, I keep RSI on 80 verses 70, but on 70, CROX is overbought..so be safe