TomProTrader
Short

#RE(Everest): Bears Strong, Bulls Swiped, Downside!

NYSE:RE   EVEREST RE GROUP LTD
59 0 7
Traders,

Double top at a historical resistance zone shows this level is a strong ceiling. After an up daily candle there was a bearish kicker signal, confirming resistance zone , and double top levels have held, with investors clearly acknowledging the level for downside. Could potentially be a good trade for next week.
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