HARTFORD FINANCIAL SERVICES GRP INC

NYSE

HIG

wow do not find good short opportunities like this very often. Double top, possible adam and adam, that has already completed a throwback. I used the 4HR chart because it really pops out at you on the chart. Also, there are several trend line breaks. MACD is not looking great, leaning down. Stock on higher time frame charts will likely lead the MACD down. But...

HIG is at a support with a low risk. I would like to put a trailing stop on this one and hold it for a few days.

Heavy bullish hammer in a trend support

3% jump today, that crossed a downward trend line.. Cover around 42.52

HIG Bullish

HIG Bullish 5.18%

HIG Call 7.62%

hig2

hig

The $42-43 range has expected as resistance for $HIG earlier in the year. Recently it was acted as support. We could see a bounce here with a tight stop.

Price is in a nice uptrend + pulled back to 20 ema + price action at the pullback