AFL trade ideas
AFL Daily BreakoutAflac is near resistance and daily candlesticks are looking strong for a bullish breakout. With the stock below $40, I believe we'll get to $45 quickly which sets up over a 10% potential profit in the next 60 days. There is small resistance at $45 and larger resistance at $48. With earnings on July 27th, I'll be looking for ways to take profit early if possible.
AFLAC INC (AFL)Aflac Inc (AFL) Daily Chart.
Nice solid overall uptrend, healthy pullbacks, just bounced nicely off the 200 period daily moving average.
Fundamentals also look healthy enough.
So for me, this one is going on the watchlist. As we head into the apex, I will be looking for a breakout of the triangle to the upside, then hold and close above the resistance zone. Before going long for the mid to long term.
Will consider going long at high 50s on this one.
AFLAC inc stages a recovery. BullishAVERAGE ANALYSTS PRICE TARGET $53
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 12
SHORT INTEREST 2%
COMPANY PROFILE
Aflac, Inc. is a holding company, which engages in the provision financial protection services. It operates through the Aflac Japan and Aflac United States (U.S.) segments. The Aflac Japan segment offers life insurance, death benefits, and cash surrender values. The Aflac U.S. segment sells voluntary supplemental insurance products for people who already have major medical or primary insurance coverage. The company was founded by John Amos, Daniel Paul Amos, and William Amos on November 17, 1955 and is headquartered in Columbus, GA.
AFL - Bull Put Spread - Weekly & Daily Chart SetupBack from Hols - Back to Trading - Back to Profit..!!!
Weekly (W) Chart, Post Earnings showing good Pullback towards Mid BB%.
W RSI is <10.
Looking for S/R around the 52 level.
Looking for Reversal to mean back higher.
Aiming for 52.50 /50 Put Credit Spread with 55 Calls for directional Bias higher.
Exp SEPT - As this is weekly Chart, looking to leave time to run well into Profit.
Exit around W RSI level 50/60.70 depending on levels and PA.
Good Luck - Watch your $$$ RISK.
EXTREMELY BULLISH CHARTS - BUY!This just popped up on our scan.
AFLAC is a SOLID Company with Fabulous Numbers.
The stock is bouncing off its low of $41.41 and moving up nicely.
Weekly Chart looks AMAZING AND EXTREMELY BULLISH
STOCHASTIC is in an uptrend - BULLISH
RSI is BULLISH getting ready to cross the center line to the sky
MACD is BULLISH getting ready to reverse from a downward trend and shoot up to the stars
Daily Chart looks BULLISH
STOCHASTIC is in an uptrend - BULLISH
RSI and MACD are in uptrend's - BULLISH
LOOKING FOR A RUN UP INTO EARNINGS
POSITION: 150,000 SHARES
COST: $44.27