Analyzing the options chain and the chart patterns of PGR The Progressive Corporation prior to the earnings report this week, I would consider purchasing the 220usd strike price Calls with an expiration date of 2024-8-16, for a premium of approximately $10.60. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Hey guys, Classical trend continuation set up here. Larger degree impulse and correction with lower degree impulse correction breaking out of larger trend line!
NYSE:PGR *I'm bearish on this, because it's overbought and also based on EW, we should expect the rejection. but here are the both scenarios. If the stock price surpasses the bullish line at approximately $157.05, the immediate upside target could be: Bullish Target Price 1: Drawing an inference based on the chart's pattern, considering the amplitude of prior...
Analyzing the options chain and the chart patterns of PGR The Progressive Corporation prior to the earnings report this week, I would consider purchasing the 140usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $2.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Took this one on Friday, will take 25% at support and then will see what happens around MA 100.
PGR daily bullish hammer good volume gotta be quick since countertrend Buy Stop 120.50 LMT 120.50 GTC Sell Limit 124.96 GTC Sell Stop 116.93 GTC
Up Channel is evident Price now looks like it is forming a sort of bullflag to jump out of this up channel, this can be emphasized with a trend line (hammer and up arrow)
NYSE:PGR may be ready to make a move. Tested the bottom four times around $89.50 and it wouldn't break. MACD just turned positive Today's bar broke a trend line and closed above all the congestion from Nov 20 EMA crossed above the 50 EMA and they are both positive and accelerating.
Consolidation is broken upwards with the minimum target level around 112.
PGR BUYZONE = 81 - 82 Cost Ang Down (CAD) = 70 -71 1st Target = 92 2nd Target = 98 HODL Target = ATH+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading...
there are 2 dimensions supporting long position on the stock 1. from fundmental point of view the company have high piotrosli f-score of 8.39 (9 is max) and and 2+% dividend which is sort of safety cusion 2. from technical point of view the company broke up a triangle with a big than usual volume and a high green candle + the short term EMAs crossed...