The Hartford Buck is ready to runLook at the Chaikin Money Flow line; Institutional buying has definitely started in heavy. They are moving it in slowly to keep the volume down, but it's still going to rise.
HIG trade ideas
Daily Volume IncreasingLast week The Hartford rose with daily, even with decreasing volume throughout the week, then finally rallied Fri. And although it settled over the weekend it appears to be daily increasing this week, implying bullishness. Watch in the morning for another move up. Be careful though because it is due for a pullback (which could prove an even better entry).
HIG - Weekly Mean Reversion - Bull CallsW RSI <5.
Looking for Reversal to Mean higher.
Taking 60 Calls as no Vol for decent spread.
Nov Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK
$HIG BIG SHORT
wow do not find good short opportunities like this very often. Double top, possible adam and adam, that has already completed a throwback. I used the 4HR chart because it really pops out at you on the chart. Also, there are several trend line breaks. MACD is not looking great, leaning down. Stock on higher time frame charts will likely lead the MACD down. But notice the OBV, it is declining. OBV usually lags, but is a good confirmation of a trends change.
I like this one. Place your stop above the top of the right shoulder and i would ride the profit target down. The measure rule would put it around $53.85. I think you could find a floor around $50.40
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going long on HIG. Its at a support.HIG is at a support with a low risk. I would like to put a trailing stop on this one and hold it for a few days.
$HIG Long IdeaThe $42-43 range has expected as resistance for $HIG earlier in the year. Recently it was acted as support.
We could see a bounce here with a tight stop.
