$MHLD UNUSUAL ACTIVITY IN MAIDEN HOLDINGSAFTER A UNUSUAL 15% PRICE SPIKE ON FRIDAY ON HIGH VOLUME, THE STOCK OF NASDAQ:MHLD WILL BE ON STRONG WATCH FOR NEXT WEEK . INSIDERS HAVE BEEN BUYING THE STOCK AS HAVE
INSTITUTIONAL INVESTORS SINCE LATE 2018. THE CHART IS TECHNICALLY SHOWING BULLISH DIVERGENCE SO KEEP ON THE WATCHLIST WITH ALERTS SET FOR VOLUME AND PRICE SPIKE .
AVERAGE ANALYSTS PRICE TARGET $1
AVERAGE ANALYSTS RECOMMENDATION HOLD
COMPANY PROFILE
Maiden Holdings Ltd. engages in the provision of non-catastrophic, customized reinsurance products and services to small and mid-size insurance companies. It operates through the Diversified Reinsurance and AmTrust Reinsurance segments. The Diversified Reinsurance segment consists of a portfolio of property and casualty reinsurance business. The AmTrust Reinsurance segment includes business ceded by AmTrust to maiden Bermuda. The company was founded in June 2007 and is headquartered in Hamilton, Bermuda.
MHLD trade ideas
5 day long on MHLDStrong conformance to long-term Andrew's pitchfork. Lower screen indicators are not peaking, with the macd below zero; cci looks like its moving up towards 100; all signs of some bull movement.
Have a strongly confirmed trend-based fib extension, fib retracement, and fib arc.
Signs that this isn't longer-term bull market: (besides global news and markets) price is still below Andrews pitchfork median, the sma200 (which is closer to the upper mid-parallel, in blue), most of the ema's are still above the priceaction. Therefore this might change direction within the week.