CNO FINANCIAL GROUP - 30d expiry - We look to Sell a break of 20.29 (stop at 21.31) 22.50 continues to hold back the bulls. Resistance could prove difficult to breakdown. A break of the recent low at 20.36 should result in a further move lower. Daily signals are bearish. News events could adversley affect the short term technical picture. 20.36 has been...
CNO FINANCIAL GROUP - 30d expiry - We look to Sell a break of 20.29 (stop at 21.31) There is no indication that the selloff is coming to an end. The move lower is mixed and volatile, common in corrective sequences. A break of the recent low at 20.36 should result in a further move lower. Daily signals are bearish. News events could adversley affect the short...
This is a very boring, low P/E, financial/ insurance play that probably won't provide excitement. But for those patient enough, this stock could outperform the broader industry due to it's size and yield. Notes for the security are on the chart. Feel free to discuss in the comments. Entries: $28, $21, $19, $17 Targets: $40, $66 Stop Loss: weekly close below...