Double Top pattern on this stock Wait for the retest and enter on the brkt
Hello traders, AFLAC is in a fake bearish movement with a low volume of purchases issued and a trace of sellers. In the TIMEFRAME M1 we see a gravestone with a low sales volume heading towards its last low point. Who sits all right on the VWAP she can bounce back and start strong again with great possibility of going on her next higher pass on (See MULTI FRAME H4...
My guess is up, due to the upward triangle pattern, it got broken in june 2020 but I believe that was a fake breakout about to be retested next month.
Looking at the historical PE ratio of around 12 and the next years full EPS of $4.49, this has some upside IMHO
Overbought according to the yearly and monthly lineair regression. RSI exceeding the chart currently, expecting it to come down to the 34ish support line.
TP1 @ 39.05 TP2 @ 40.43 TP3 @ 41.19 Please don't forget to FOLLOW , LIKE and COMMENT ... If you like my analysis:) Thank you and Good Luck!
Hi friends the daily chart of this market shows that it will experience a BELLISHING trend in the coming days but it is better to be vigilant of the reversal towards the opposite direction please subscribe to receive more analyzes
Aflac is near resistance and daily candlesticks are looking strong for a bullish breakout. With the stock below $40, I believe we'll get to $45 quickly which sets up over a 10% potential profit in the next 60 days. There is small resistance at $45 and larger resistance at $48. With earnings on July 27th, I'll be looking for ways to take profit early if possible.
AFL Road map . we are waiting for enter long . thanks
Aflac Inc (AFL - US) is moving down in ABC down wave pattern. B wave is triangle in nature. C wave down is already started moving down breaking triangle down. C will make new low below wave A.
Breaking above all MA's placing my order for call options for April 3rd.
Aflac Inc (AFL) Daily Chart. Nice solid overall uptrend, healthy pullbacks, just bounced nicely off the 200 period daily moving average. Fundamentals also look healthy enough. So for me, this one is going on the watchlist. As we head into the apex, I will be looking for a breakout of the triangle to the upside, then hold and close above the resistance zone....
Personal opinion for breakout on chart. Industry index is in good formation to break out in support as well.
AVERAGE ANALYSTS PRICE TARGET $53 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT P/E RATIO 12 SHORT INTEREST 2% COMPANY PROFILE Aflac, Inc. is a holding company, which engages in the provision financial protection services. It operates through the Aflac Japan and Aflac United States (U.S.) segments. The Aflac Japan segment offers life insurance,...
Coming back from oversold levels after the most recent market wide correction. Money flow trending up. I've set a stop near the bottom support level and a limit at the most recent high for a R:R of 2:1. Good luck!