Over the past 2 days, the descending triangle confirmed for me a reversal from the downtrend and if stock moves above 67.56 would confirm for me a bullish reversal. If this does happen, there is a gap in the 76.30 level where the stock will be trying to head towards that target over the next month or more. The MACD looks very positive in the short term which indicates a higher price for this week.
Volumes are light for this stock for now, but there will be more investors/traders learning about his stock over time and understanding how this is stock interrupts the archaic insurance business.
Short term target: 68.92
Long term gap fill: 76.30
Pro: From a fundamental standpoint, this company is growing significantly expanding their product offer: home, renter and pet insurance. Expanding in other US states and Europe.
Cons I can think of: If there is a multiple major natural disasters on an annual basis, this company may not be able to pay out to their clients.
I like this stock.
Volumes are light for this stock for now, but there will be more investors/traders learning about his stock over time and understanding how this is stock interrupts the archaic insurance business.
Short term target: 68.92
Long term gap fill: 76.30
Pro: From a fundamental standpoint, this company is growing significantly expanding their product offer: home, renter and pet insurance. Expanding in other US states and Europe.
Cons I can think of: If there is a multiple major natural disasters on an annual basis, this company may not be able to pay out to their clients.
I like this stock.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.