Progressive (PGR), the third-biggest auto insurer in the US. Progressive has been growing its premiums at mid-teens with combined ratios below 91% over the last several years. (from Seeking Alpha) Harmonically we are at an interesting juncture where there appears to be a confluence of two Bullish Harmonic Patterns. We are also at a .618 of the recent range...
Possible stop below last pivot low or under a strong source of support. Resistance noted right at price. If price makes it through this level, it could become support. This may also be an ABC bullish pattern with A at 84.83. In an ABC bullish pattern C can fall around the .786 of AB but not always. Best to wait until there is evidence price stopped at C as it...
The PEAD projected a Bullish outlook for $PGR after a Positive Under reaction following its earnings release placing the stock in drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
very solid fundamentals. pretty powerful breakout, maybe we'll see BRB pullback
Insurance names have been building some steam recently as have others that have lagged in a growth-focused market. Nice flag break in progress and a potential run into earnings in late April.
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...
Begin of the bullish TD count on a weekly should point to the daily short slowdown before momentum continues to go further upward...
Net Margin: about 10% 1% CAPITAL
StockS confirmation RSI confirmation upside BULLISH Trend Entry: $72.50 Exit: $82.50
Progressive Corp ( Ohio ) Pending Order Placement Entry Placement 83.83 Take Profit Placement 96.32 Stop Loss Placement 75.50
Nowadays long positions are too risk. Wait for the breakout.
Stock PGR seasonality starts to Buy date on January 29 and ends Sell date on April 21 Percent Profitable is 94.74% in 19 years and an average return of 10.42% per year
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Progressive stock momentum building with moving average crossing. Bullish MA cross indicator. Alarm bells ringing after 1/3/20. Set up beautifully for a run into earnings!
Entry level $73.60 = Target price $78.00 = Stop loss $71.80 Upgraded from hold to buy with a $84 price target. Indicators in a very bullish trajectory. P/E ratio 13 Company profile. Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty...