The Hanover Insurance Group, Inc. Announces $150 Million AccelerTHG: The Hanover Insurance Group, Inc.
2019-06-27 17:35:00
The Hanover Insurance Group, Inc. Announces $150 Million Accelerated Share Repurchase Program
THG trade ideas
THG SHORTEl trading de la compañía THG se formo un canal a hacia abajo, donde se observa un rebote en la linea de resistencia con la tendencia a la baja del precio del activo, pudiendo entrar con una venta (Short)
THG gaps up for short term opportunityTHG is not a great trending stock but yesterday's gap up on the daily chart offers a possible short term opportunity.
This stock may continue its general move to the upside but it is too erratic (at present) to trade with confidence for the long term. Price has dropped below the daily 200ma on several occasions recently, which prevents it being a good trend.
However, there is no reason that the bullish move shouldn't continues over the next few days. Beware that profits could be limited as there are the highs of 2000 ($74.25) and 1998 ($75.25) as possible resistances to contend with, as well as the figure 70.
