Classic-Options

$PGR Trading in Bullish Descending Wedge

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NYSE:PGR   Progressive Corporation (The)
$PGR possible reversal at lower trend line of descending wedge.
Upside target could test recent highs.
MACD +divergence looking to confirm.
Stop at recent lows.
評論:
Nice run with breakout from bullish pattern.
Good area to take profits and raise stops on rest.

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