AnneTrader
Long

THG gaps up for short term opportunity

NYSE:THG   HANOVER INS 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.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out