F&G Annuities & Life, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# F&G Annuities & Life, Inc.
- Double Formation
* Neckline At 45.20
* Wedge Structure & Wave Template(No Trade) | Subdivision 1
- Triple Formation
* Retracement Active Session 0.5 Bias On Hold
* A+ Set Up | Long Bias | Subdivision 2
* Triangle, Pennant Structure | Wave Template Gain | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
FG trade ideas
FG - F&G Annuities and Life - Pennant Breakout ImminentF&G is an annuity and life insurance company.
Annuities and Life Insurance have been enjoying a good run due to higher interest rates.
High interest rates decrease reinvestment risk.
For annuities, higher interest rates mean higher income for customers.
Baby boomers are retiring so there will be a massive demand for these products. The fixed income part of it would be the seller even if rates go down from here.
Chart has formed a pennant and will go long on the breakout.
Initial target around 60 as there is a bull flag element from 32 to 47.
$FG can fall in the next daysContextual immersion trading strategy idea.
FGL Holdings sells individual life insurance products and annuities in the United States.
The demand for shares of the company still looks lower than the supply.
So I opened a short position from $7,69;
stop-loss — $8,23.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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