Let UNM fall a bit further...
Shares of insurer UNM are falling after reporting mixed results. I'll be the first to admit that the insurance space is not something I follow closely, but I do see a technical play forming.
The $36-37 area was a breakout level on the weekly chart, so the level should act supportive.
Income investors may also find that level attractive, as the shares would yield about 2.5% at the $37 level.
The $36-37 area was a breakout level on the weekly chart, so the level should act supportive.
Income investors may also find that level attractive, as the shares would yield about 2.5% at the $37 level.
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