$PGR with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:PGR after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
75.41 BRL
18.97 B BRL
301.81 B BRL
584.00 M
About Progressive Corporation (The)
Sector
Industry
CEO
Susan Patricia Griffith
Website
Headquarters
Mayfield Village
Founded
1937
ISIN
BRP1GRBDR007
FIGI
BBG00R4Z6S64
Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. The Property segment covers residential property insurance for homeowners, other property owners, and renters. The company was founded on March 10, 1937, and is headquartered in Mayfield Village, OH.
SHORT ITI play all my picks off of structure and volume profiles.
Structure is lacking and momentum is falling. Best case scenario is sideways
potential upthis stock has at least 2 consecutive quarters > 10% surprise and > 100% YoY, potential up
Seems like its hit or miss the grey shade is crucialSideway shows for a while, but look at all those pivot points on either side. The question is mainly about the doji at the top as a reversal that is not quite ready to expand as market conditions are volatile. It is a good buy, but if it follows history, then we can see this go lower.
Can go back to 215The MA100 is close by, but it looks like it wants to test the high again. Business-wise, doing very well!
PGR The Progressive Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PGR The Progressive Corporation prior to the earnings report this week,
I would consider purchasing the 220usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $10.60.
If these options prove to be profitable
Dont miss PGR!Hey guys,
Classical trend continuation set up here.
Larger degree impulse and correction with lower degree impulse correction breaking out of larger trend line!
PGR | InformativeNYSE:PGR
*I'm bearish on this, because it's overbought and also based on EW, we should expect the rejection. but here are the both scenarios.
If the stock price surpasses the bullish line at approximately $157.05, the immediate upside target could be:
Bullish Target Price 1: Drawing an inferenc
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