PRU 1W, Continuation To Gap-fill And Higher?

NYSE:PRU   Prudential Financial, Inc
PRU has a lot of upside potential over the next few months with several clean areas of liquidity on the chart. The first target I'm looking for is the 91.00 area to fill that gap. If we get up there, we may see a pullback depending on whether price moves to that point in a thin way or a slower, more efficient way. The next targets after that will be 98.00 above old highs, followed by 107.00 above the next old clean highs. However, I'd like to see a good pullback before pushing higher. This week created a big gap and I'd like to see price pull back towards 64.00, or even a healthy pullback just below 60.00, but not much further.

I'm bullish on the overall market as we look closer to a gradual recovery and I'm especially bullish on companies that sell life insurance . Shortly after previous epidemics, life insurance companies saw their stock prices rise because a lot of sick and elderly people died within a short time span, while at the same time a lot more people started buying life insurance because it suddenly seemed more relevant, and there were less sick and elderly for insurance companies to make payouts too. They added a lot of customers and paid out less than they normally would.


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