#Premarket Parabolic Curve on Acquisition News

Technicals:
1. Trading 56.70 in premarket as of writing, up 31.50%
2. Price broken through all of its MA's, and has established new highs in premarket
3. MACD is currently signaling bullish

Fundamentals:
https://www.wsj.com/articles/axa-to-buy-xl-group-for-15-3-billion-1520236823?mod=yahoo_hs&yptr=yahoo
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For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: https://compoundtrading.com/swing-trading-periodical-contact