ZURN: Sell ideaSell idea on ZURN as you see on the chart because we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume.Thanks!
ZURN trade ideas
$ZURVY - Growing stock$ZURVY - Zurich Insurance Group AG is a holding company that provides insurance products and related services.
What's attractive about the schedule is.
1. Being close to ATH,
2. Moves in a rising channel
3. Trades above the 30W EMA
4. Last 2 weeks the volume is significantly higher than the average. In the previous week it was 3.5x of the weekly average, and this week it reached that value in 3 days.
5. Relative Strenght is greater than 0 - which indicates the strength of the stock.
Possible developments
1. Breakout of ATH and growth to the upper border of the channel to the level of 55.
2. Correction to the lower boundary of the channel and 30W EMA to the level of 45 and growth to 55.
