PFG: Dark Pool Footprints Show Accumulation in a Bottom

NASDAQ:PFG   Principal Financial Group Inc
As a new generation starts families and buys homes, the growth in Life Insurance also booms. There are several life insurance companies forming bottoms right now and many are nearing completion for future position trading, intermediate term holds or even long term holds.

This chart has a specific footprint in the chart patterns that confirms the bottom has begun with accumulation from the Dark Pools. The bottom completion should be confirmed before entry for position-style to longer-term as it could easily retest its lows several more times while you are holding in the red waiting for the move up. Always, buy into strength.

Martha Stokes, CMT

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