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Progressive Corporation (The)
Long
Updated

$PGR Trading in Bullish Descending Wedge

77
PGR possible reversal at lower trend line of descending wedge.
Upside target could test recent highs.
MACD +divergence looking to confirm.
Stop at recent lows.
Note
Nice run with breakout from bullish pattern.
Good area to take profits and raise stops on rest.
Classic-Options
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Chart PatternsTechnical Indicators

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical Indicators
Classic-Options
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.