dumuzid

progressive corp - long pgr

Long
NYSE:PGR   PROGRESSIVE CORP(OHIO)
there are 2 dimensions supporting long position on the stock

1. from fundmental point of view the company have high piotrosli f-score of 8.39 (9 is max) and and 2+% dividend
which is sort of safety cusion

2. from technical point of view the company broke up a triangle with a big than usual volume and a high
green candle + the short term EMAs crossed the long term EMAs + CMF is positive

stop (for traders) under the lower trend line

Comments

Should break up that flag to attract more buyers
Reply
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