JoeHayes
Long

Alternate Bullish Bat Pattern for CNO

NYSE:CNO   CNO FINL GROUP INC
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.

Entry: 16.03 Limit
Stop loss: 15.49
Target: 16.89
R/R : 1:1.6
PatStale
2 years ago
with a second target around 1740 as far as I'm concerned... ;)
Reply
JoeHayes
2 years ago
I would agree with that PatStale
Reply
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