The PEAD projected a Positive outlook for $CNA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
Hey guys, CNA FINANCIAL is in a bullish momentum with a water-carrying candle shape followed by a bearish leg and a return of traded buy volume. Looking at the TIMEFRAME M1 we notice a dash with a low volume traded it goes on the top of the comfort zone to test it. There is a good chance of breaking out the price with the momentum then then the zone to access...
Now that the banking money laundering scandal has been priced in I am back to long on financials in general. This one could be a good play for short term.