Insurance
ROOT - low-risk stock to hold, earnings ~Feb.23The yellow lines on chart connect closing prices on a line graph. I like the stochastic here for a turn up. Take profits when RSI-14 moves up to 50 or price moves up to dashed line.
There will be a pullback, and at that time you will choose whether to hold some for a move higher, or sell all and buy again after a pullback. If this company is to succeed, then price should move up from here.
CNO - Trading Plan with Elliot Wave CountThis is a very boring, low P/E, financial/ insurance play that probably won't provide excitement. But for those patient enough, this stock could outperform the broader industry due to it's size and yield. Notes for the security are on the chart. Feel free to discuss in the comments.
Entries: $28, $21, $19, $17
Targets: $40, $66
Stop Loss: weekly close below $16
Strategy: small position now, add at key levels and reinvest dividends to purchase more stock
If you get anything from this idea, please consider liking or commenting. Happy investing!
Casey
Artificial Intelligent Insurance Upstart Holdings
Leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending for our bank partners. Our platform uses sophisticated machine learning models to more accurately identify risk and approve more applicants than traditional, credit-score-based lending models. They are considered a financial insurance company.
Since its IPO back in December 2020, it has had a 1400% gain.
We are currently at 3 levels of support :
Horizontal support
Uptrend support
61.8% Fibonacci retracement line
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$VIX is at 28 as I write this, so I advise smaller positions to be able to handle more volatility.
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unn is going to zerovery sad. So much potential. Charts don't lie though. Bonded is going to zero as well but I don't have the energy to do ta on that one.
Fear leads to doubt and doubt leads to Insurance.Post pandemic workforce and travel is in constant change.
Technology innovation is an easy way to spot a long term winner.
Why should you pay for insurance on a car sitting in the driveway while you work from home?
An insurance company of the future should adapt your premiums based on your behavior in the car.
Just speculation. Not financial advice.
MILE Metromile price targetWe can see a nice divergence here: increasing volume on decreasing price!
Price tends to follow volume. Be ready for an upside move!
Cantor Fitzgerald has a 7 usd price target for MILe Metromile,
LMND ~ Multiple Support levelEvery circle in the chart is pointing out a test of the support level at $80 approximately. As you can see, since the IPO, we have tested this level multiple times.
The arrow in the RSI shows a positive divergence, where every test had a slightly higher level. Unfortunately, if you used this method on the range from early March to late April, you would have gotten stopped out most likely as we had a failed breakout.
We are getting another potential setup, as the RSI is once again diverging, and we are testing the same support level. The one thing different aspect with the latest positive divergence is we never got under 30 RSI; which is a signal of strengthening.
Banking on SoFiFinancial Technology (FinTech) is revolutionizing the way we transact in our daily lives. The days of paying in cash are far and few between. Say goodbye to those pesky coins. Regardless of blockchain disruption, the future of finance will for certain be digital. So how do you play this industry? You can go through high flyers like Paypal (PYPL) or Square(SQ) but these companies have had their run. Instead rely on an industry-low flier, Social Finance (SoFi).
This company is going above and beyond traditional finance. This company is creating a one-stop-shop, financial community. The company has endeavored in debit, credit, insurance, crypto, and much more. This is exactly the financial innovation that the millennial+ (1981-present) generation needed. Image an entity that you can use for daily transactions, mortgage loans, auto insurance, and stock/crypto investing, that is SoFi.
Did I mention they have a community aspect as well? SoFi is the banking industry in multiple facets. SoFi provides membership to its clients to where you can get financial planning, transaction summaries, store discounts, personalized career advice, and exclusive events. That the antonym to traditional, wall-street banking. A community environment that provides you knowledge and partnership in your financial journey. The insights provided are enlightening and insightful. The best part yet, the recent price action.
The company has been on a downtrend for the past couple of months but it is reaching a potential inflection point at its well-established support. The company has previously bounced off these levels indicating a possibility for another reversal. The risk-reward is very compelling considering that the downside is less than -10% while the upside is a more favorable +75% to the prior resistance. That is a modest price target of ~$23. However, the company is currently trading at a market cap of ~$13B. At the same time, PYPL and SQ have market caps of $353B and $108B, respectively. If it is truly the disruptor in its infancy ages, in due time the stock will have similar market cap trajectories, a potential 10x.
Finally, the smart money is already in this name. Although the coverage by analysts is minimal they are all indicating upside movement. If other analysts start covering the name it could serve as a catalyst. Renowned venture capitalist, Chamath Palihapitiya, is the CEO and a major shareholder (good management). Large institutional money such as SoftBank entered the stock at a higher price. Smart money is leading the way.
Bank on it.
NIACL: Rounding bottom patternSl - 157
In this trending market most of the stocks are making this rounding bottom pattern.
But the IMP thing is when to take entry and perfect SL.
Everyone must have found out this pattern but the entry is most IMP thing which comes with experience so keep Learning.
Queries in comment section.
$GPX June Update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
We have had eyes on $GPX for some time now.
$GPX provides training, e-learning solutions, management consulting, and engineer services to the following companies: Automotive, financial services, insurance, steel, oil, gas, power, chemicals, electronics, education, software, healthcare, retail, food and beverage industries, as well as government agencies.
A large portion of the industries that $GPX provides services for are currently on the rise. $GPX has been handling their financials spectacularly and have paved a way for a bright future if their operations continue to run smoothly.
My team has been scoping for a long $GPX entry for the past few weeks, and we have finally found our target.
We're entering $GPX tomorrow morning 6/15/21 at $16.09 per share.
Entry: $16.09
First take profit: $19.5
2nd take profit: $23
Stop loss: $15.25
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Swiss Re AG bullish scenario:We have technical figure Triangle in Swiss company Swiss Reinsurance Company Ltd (SREN.vx) at daily chart. Swiss Re AG is a reinsurance company based in Zurich, Switzerland. It is the world's largest reinsurer, as measured by net premiums written. The Triangle has broken through the resistance line on 17/06/2021, if the price holds above this level we can have possible bullish price movement with a forecast for the next 15 days towards 89.50 CHF. Our stop loss order should be placed at 83.10 CHF if we decide to enter this position.
$CLOV Clover Health Investments tries to recoverThe title recently had an explosive exploit touching really important levels, as a result of these unfortunately profit took prevail and the price of the title fell.
Now it seems back the time of collection and the advisor Market Miracle that tries to identify the interests of big players in the market is providing us with an entry signal on the title $CLOV.
The expected target is 17.25 USD but it could also be a starting point from which to take new leaps.
Analyzing the title on the graph I expect to see a price action similar to the one I designed, Of course surprises are always possible especially on a low capitalization stock like $CLOV so pay attention and analyze well what for you is the possible price action to be able to current any necessary price mediation.
This idea is based on the signal generated by the Marketmiracle advisor whose link you can find by scrolling at the bottom of this page.
China Life Insurance Co Ltd 🧙Headquartered in Beijing and commanding around 20% share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is currently undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.