CINF has formed a nice double bottom I expect the recovery of the second bottom to be similar to the first bottom, hence I have drawn the ascending diagonal lines against the two bottoms upwards Bullish reversal situation
-INTRODUCTION- Cincinnati Financial Corporation has been moving in an ascending channel since 2020 summer after its recovery from the pandemic economic shock. Last month, the price has reached a new high at the $142.50 level. After reaching a new high, the price retraced and retested the suport level of $120. From the support level, the price has formed a...
Here is the analysis behind my latest stock purchase $CINF (Cincinnati Financial Corp) PE Ratio (Trailing) = 5.42 ROE = +29.9% ROA = +11.4% ROIC = +10.9% Solid data there and then the cash situation looks very strong. cash flow is growing but capital expenditures are not meaning the free cash flow is growing in recent years with the most recent 12 months...
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CINF is an S&P 500 index component. The chart shows a platform sideways pattern typical of Dark Pool hidden accumulation. This was followed by a long white candle that was not HFT driven. The stock is now in another consolidation, at a new high with more hidden accumulation.
Got Filled on Long Position: CINF 17MAR '17 70 C @5.30 Target: stock $78 // option at least $7
Got Filled on Long Position: CINF 17MAR '17 70 C @5.30 Target: stock price $78 // option price at least 7.00
Got Filled on Long Position: CINF 17MAR '17 70 C @5.30 Target: - stock price $78 - option price at least $7