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UPDATE Sanlam hit our price target and still heading upSince the last update, Sanlam formed a Falling Wedge, The price broke up and out of it and headed up. Then the sellers kicked in and tried to bring the price back down. However, the new established support was proven to be what kept the bulls strong. This was also a great opportunity to go long and buy the conservative entry level. Before we knew it, the price headed straight to its first target of R63.69. So what now. Look the trend is up, the JSE is up. So might as well stick with the trend and look for the next buying opportunity. But I'll let you know.
JSE:SLMLong
by Timonrosso
UPDATE: Old Mutual heading to target 1 and next target is...Falling Wedge formed on Old Mutual and the price broke up and out of the pattern. Since then it's been going to our first target of R12.61. It is still on course. Last few weeks, OMU has formed a W Formation (another breakout pattern). Once the price breaks this one, the next target could be as high as R13.38. Other indicators confirm upside to come: 7>21>200 RSI>50 Target 1 -> R12.61 Target 2 -> R13.38 SMC: Above the W Formation is a Break of Structure to the Upside. This is when the price breaks and closes ABOVE the wick of the previous HIGH in an UPTREND. ABOUT THE COMPANY: Origins: Old Mutual is a multinational wealth management company originating in South Africa. Founded in Cape Town in 1845, it's one of the oldest existing financial services companies in South Africa. Expansion: Since its establishment, Old Mutual has expanded to operate in 14 countries across two regions: Africa (including South Africa) and Asia (including China). Services: The company provides a broad range of financial services, including life assurance, asset management, banking, and general insurance. Managed Separation: In 2016, Old Mutual announced a "managed separation" strategy that aimed to separate its four main businesses into standalone entities. This resulted in the creation of four independent businesses: Old Mutual Limited, Quilter plc, Nedbank Group, and Old Mutual Wealth. Employment: Old Mutual employs over 28,000 people worldwide.
JSE:OMULong
by Timonrosso
Outsurance OUTperfoming JSE - Target R38.88Cup and Handle has formed on this volatile stock. The price has broken above the brim level and it looks like, it wants to rally. Other indicators confirm upside momentum 7>21>200 RSI>50 - Higher lows Target 1 will be at R38.88. We can expect higher, but I'm happy with a 1:1.78 R:R. CONCERNS: The JSE ALSI 40 just broke below the Symmetrical Triangle. This is bearish for the top 40 companies. And usually the BITs follow (Banks, Insurance and Telecomms). However, the must be a reason for the buying with Outsurance, maybe because of the new listing and investors are excited. ABOUT THE COMPANY Outsurance is a leading insurance company based in South Africa. Founding: Outsurance was founded in 1998 as a part of the Rand Merchant Investment Holdings Group (RMIH). Pioneer: It was the first South African insurer to offer a cash OUTbonus, a cashback bonus system, to policyholders who remain claim-free for a period of time. Services: The company offers various insurance products including car, home, life, and business insurance. Geographical Presence: In addition to its South African operations, Outsurance also has a presence in Australia, where it operates under the name "Youi." Innovative App: Outsurance has a mobile app that allows customers to manage their policies, submit claims, and track emergency assistance when needed.
JSE:OUTLong
by Timonrosso
Sanlam broken out of Falling Wedge target to R63.69Falling Wedge formed since 1 Feb 2023. Only yesterday, we had the confirmed breakout showing strong buying and demand. Price>200 Bullish RSI >50 Target R63.69 SMC Below the Wedge we have Sell Side Liquidity Order block. Where Smart money is buying where retail were selling. This gives a strong signal that high buying volume was trumping selling. Very bullish for the stock. ABOUT THE COMPANY Early Roots: Sanlam was founded in 1918, originally as a life insurance company named The South African National Life Assurance Company. Public Company: In 1998, Sanlam demutualised, changing its status from a mutual life insurance company owned by its policyholders to a public company listed on the Johannesburg and Namibian Stock Exchanges. Wide Range of Services: Sanlam provides financial solutions in a broad range of areas, including insurance (life and general), financial planning, retirement annuities, trusts, wills, short-term insurance, asset management, risk management, and capital market activities. Global Presence: Sanlam operates across 33 countries. It has a particularly strong presence in Africa, where it operates in many of the continent's major markets. Five Business Clusters: Sanlam's operations are organised into five business clusters: Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate, and Santam. Santam Subsidiary: Sanlam owns a majority stake in Santam, which is South Africa's largest short-term insurer.
JSE:SLMLong
by Timonrosso
CaixaBank (CABK.mc) bearish scenario:The technical figure Channel Up can be found in the daily chart in the Spanish company CaixaBank, S.A. (CABK.mc). CaixaBank, S.A. is a Spanish multinational financial services company. It is Spain's third-largest lender by market value, after Banco Santander and BBVA. CaixaBank has 5,397 branches to serve its 15.8 million customers and has the most extensive branch network in the Spanish market. It is listed in the Bolsa de Madrid and is part of the IBEX 35. The company consists of the universal banking and insurance activities of the La Caixa group, along with the group's stakes in the oil and gas firm Repsol, the telecommunications company Telefónica and its holdings in several other financial institutions. Channel Up broke through the support line on 18/03/2023. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 47 days towards 3.2770 EUR. According to experts, your stop-loss order should be placed at 4.1970 EUR if you decide to enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
BME:CABKShort
by legacyFXofficial
Prudential (PRU.l) bearish scenario:The technical figure Channel Up can be found in the daily chart in the UK company Prudential plc (PRU.l). Prudential plc is a British multinational insurance company. It was founded in London in May 1848 to provide loans to professional and working people. The Channel UP broke through the support line on 22/02/2023. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 25 days towards 1 173.20 GBX. According to experts, your stop-loss order should be placed at 1 336.00 GBX if you decide to enter this position. Prudential's stock increased significantly by 41% over the past three months. But the company's key financial indicators appear to be differing across the board and that makes us question whether or not the company's current share price momentum can be maintained. While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth. Prudential's earnings have declined over five years, contributing to shareholders 21% loss. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
LSE:PRUShort
by legacyFXofficial
LMND | Rise from the Ashes | LONGLemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.
NYSE:LMNDLong
by DivergenceSeeker
1
Aegon N.V. (AGN.as) bullish scenario:The technical figure Ascending Triangle can be found in the daily chart in the Dutch company Aegon N.V. (AGN.as ). Aegon N.V. is a Dutch multinational life insurance, pensions and asset management company headquartered in The Hague, Netherlands. As of July 21, 2020, the company had 26,000 employees. Aegon is listed on the Euronext Amsterdam and is a constituent of the AEX index. The Ascending Triangle broke through the resistance line on 22/12/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 23 days towards 5.064 EUR. Your stop-loss order, according to experts, should be placed at 4.488 EUR if you decide to enter this position. Aegon has completed two share buyback programs, one aimed at neutralizing the dilutive effect of the 2022 interim dividend paid in shares and the second to return EUR 300 million of surplus cash capital that was generated by the sale of Aegon’s Hungarian business to Vienna Insurance Group. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
EURONEXT:AGNLong
by legacyFXofficial
Swiss Re (SREN.vx) bullish scenario:The technical figure Channel Down can be found in the daily chart in the US company Swiss Re (SREN.vx). Swiss Reinsurance Company Ltd, commonly known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is one of the world's largest reinsurers, as measured by net premiums written. Swiss Re operates through offices in more than 25 countries and was ranked 118th in Forbes Global 2000 leading companies list in 2016.It was also ranked 313th on the Fortune Global 500 in 2015. The Channel Down broke through the resistance line on 24/11/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 60 days towards 85.64 CHF. Your stop-loss order, according to experts, should be placed at 68.16 CHF if you decide to enter this position. Swiss Re's stock is up by 2.9% over the past three months. Given that the markets usually pay for the long-term financial health of a company, we wonder if the current momentum in the share price will keep up, given that the company's financials don't look very promising. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SIX:SRENLong
by legacyFXofficial
AIZ | Good Entry for Long | OversoldAssurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service products and related services for mobile devices, consumer electronics, and appliances; vehicle protection and related services; and credit protection and other insurance products. The Global Housing segment provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.
NYSE:AIZLong
by DivergenceSeeker
AIG | Time for Puts | OverboughtAmerican International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. The company's General Insurance segment provides general liability, environmental, commercial automobile liability, workers' compensation, casualty, and crisis management insurance products; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, crop, and marine insurance. It also provides professional liability insurance products for a range of businesses and risks, including directors and officers, mergers and acquisitions, fidelity, employment practices, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions insurance. In addition, this segment offers personal auto and property insurance, such as auto, homeowners, umbrella, yacht, fine art, and collections; voluntary and sponsor-paid personal accident; supplemental health products; extended warranty insurance products; and travel insurance products. Its Life and Retirement segment offers variable annuities, index and fixed annuities, and retail mutual funds; and financial planning and advisory services; record-keeping, plan administrative, and compliance services; and term life and universal life insurance. It also provides stable value wrap products, and structured settlement and pension risk transfer annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent marketing organizations, independent insurance agents, financial advisors, direct marketing, banks, and broker-dealers. The company was founded in 1919 and is headquartered in New York, New York.
NYSE:AIGShort
by DivergenceSeeker
NN Group N.V. (NN.as) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the Dutch company NN Group N.V. (NN.as). NN Group N.V. is the parent company of NN Investment Partners and Nationale-Nederlanden. Nationale-Nederlanden is one of the largest insurance and asset management companies in the Netherlands. The Falling Wedge broke through the resistance line on 05/10/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 13 days towards 44.35 EUR. Your stop-loss order, according to experts, should be placed at 38.73 EUR if you decide to enter this position. NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning the fossil fuel, the Dutch insurer's CEO David Knibbe said on the sidelines of the World Economic Forum. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
EURONEXT:NN
by legacyFXofficial
The New India Assurance Company Limited - Just a view 📊 Script: NIACL (THE NEW INDIA ASSURANCE COMPANY LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY FINANCIAL SERVICES 📊 Sector: Financial Services 📊 Industry: General Insurance Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Already Crossover in Double Moving Averages. 📈 Volume is increasing along with price. These are positive factors for long on NIACL BUT in RSI script is facing hurdle at 70 level shown in chart. once script crosses hurdle level 70 and all the positive confirmation with all indicators then only one can go for Swing Trade. BUY ONLY ABOVE RSI 70 LEVEL. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIACL
by radha_23
INSUR/USDTBy breaking the inverted head and shoulder pattern and breakout this wedge, we can have great possibilities of gains, in the short, medium and long term, stay tuned After the incidents with TERRa, Hacks and exploits, the concern about capital has increased, but the demand for insurance will increase the demand for it. InsurAce ! Entry point at: 0.19 (for study with Inverted Head and Shoulder) Agressive entry point is 0.12-0.14 demand zone Stop loss at 0.0978 or 0.10 THIS IS NOT A FINANCIAL ADVICE ! THIS IS NOT A FINANCIAL ADVICE !
Long
by LucasP26
2
BTC , M1 - ANALYSISHey I'm Gerson Samussene (Zabataina) nice to meet you, I come here to show you my analysis within this futuristic market that is (Cryptocurrency) Here we have the First Group, known as the economist group in market action, I refer here to Buyers (Demand) and Sellers (Supply). Here we have the Manipulators that make or transform Picos in the market. And the question I have is: 1) Who are the top 3 in the offer group? 2) Who are the top 3 in the demand group? 3) Who has more power until 2024'25? Buyers or Sellers? Because all this started in the odd year so our vision will be odd. In terms of acertive probability. So after that we'll have the signals coming from the world that I internally screamed, And that will show us that in fact a dominant group by 2024»2025? BTC hitting the bottom of $14K? or the $100K top? What do you think? I already have my answer... first I want to see your answers so I can tell you what I think.
BITSTAMP:BTCUSD
by GersonAJSamussene