GNW Breakout Stock Alert
BREAKOUT STOCK ALERT
GNW - Genworth Financial Inc Common Stock
Initial Alert Price: $3.45
Potential Price: $4.84
Potential Gains: 40.29
Stop Loss Limit: $
Looking GNW to retest the $4.76 Levels of Resistance after the company did not complete the steps required to meet the set end date for a merger with Oceanwide, although the two companies currently remain committed to still completing the merger. If the two companies are able to complete the final steps for the merger, we could actually see the stock bounce to the upside due to a total Market Cap of around $15-16B. If the stock is able to retest those $4.84 Price Levels, we could see a 40% Gain on the trade and the next levels of Resistance would be $9.19 if the stock can find strong support above the $5.27. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
GNW - Genworth Financial Inc Common StockInitial Alert Price: $3.45
Potential Price: $4.84
Potential Gains: 40.29
Stop Loss Limit: $
Looking GNW to retest the $4.76 Levels of Resistance after the company did not complete the steps required to meet the set end date for a merger with Oceanwide, although the two companies currently remain committed to still completing the merger. If the two companies are able to complete the final steps for the merger, we could actually see the stock bounce to the upside due to a total Market Cap of around $15-16B. If the stock is able to retest those $4.84 Price Levels, we could see a 40% Gain on the trade and the next levels of Resistance would be $9.19 if the stock can find strong support above the $5.27. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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