The Hartford Financial Services Group, Inc., usually known as The Hartford, is a United States-based investment and insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. It was ranked 160th in Fortune 500 in the year of 2020. The company's earnings are divided between property-and-casualty...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 70/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
The PEAD projected a bullish outlook for $HIG after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 71.43%.
Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
The PEAD projected a Bullish outlook for $HIG after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.
Inverted head and shoulders pattern on this 9H timeframe This is all within a larger uptrend, the right shoulder could also be considered a test of the bottom of the larger up channel
The PEAD projected a Neutral outlook for $HIG after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
HIG gearing up to new highs. Potentially a good long term hold. Financial services do well in periods of high interest rates. Insurance companies invest premiums into fixed income securities to drive income, which is very important for their profitability. Expect the improvement in the interest rates to increase the yields. Premiums and fees income is likely to...
Weekly: After an upwick tail, we now have a bearish divergence on MACD lines, MACD-Histogram as wel as EFI. There is even a ATR channel divergence. Stochastic RSI coming from an oversold condition and now bearish, moving in the reference area. Daily; A list of bearish divergences, supporting the idea on the higher TF. Currently, daily candle went up and closes...
* Great earnings * Strong up trend since 2009 * Broke out of a long consolidation period with slightly higher volume than average Trade Idea: * If you don't mind a little volatility you can enter now as indicated * Given the volume and price action, this may visit the 70.80 area before heading up further.
Run up to T1 looking probable now that HIG has broken out of minor pullback and sustained new support. Closing over pivot will give us high probability to reach T1 and give us a free trade to ride to potential T2.
We expect climbing to begin when the moving averages reach the minimum point. On belay!
Break of 70.07. Stop signal 65.43. Target 1 79.83.
Primary Target: Bullish Flag, unconfirmed (31%) PT =90.93$ Secondary Target: Ascending triangle, confirmed (71%) PT =94.96$
Bullish Flag (31%) Pros: Volume during post formation Descending volume during Flag Golden cross in blue PPS above 50MA and 200MA RS above 0 and ascending R/R ratio above 9 ATR ascending 250RSI above 50 and ascending 200MA ascending Target: PT = 90.93$ Help how ever you can to keep this alive. Thank you to those who have donated Coins! Always do your own due...
Justification: Uptrend momentum trade