AnneTrader
Long

THG gaps up for short term opportunity

NYSE:THG   HANOVER INSURANCE GROUP INC
THG is not a great trending stock but yesterday's gap up on the daily chart offers a possible short term opportunity.

This stock may continue its general move to the upside but it is too erratic (at present) to trade with confidence for the long term. Price has dropped below the daily 200ma on several occasions recently, which prevents it being a good trend.

However, there is no reason that the bullish move shouldn't continues over the next few days. Beware that profits could be limited as there are the highs of 2000 ($74.25) and 1998 ($75.25) as possible resistances to contend with, as well as the figure 70.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out