The Hartford Insurance Group, Inc.Pembelian
Long term hold for HIG
HIG gearing up to new highs.
Potentially a good long term hold. Financial services do well in periods of high interest rates. Insurance companies invest premiums into fixed income securities to drive income, which is very important for their profitability. Expect the improvement in the interest rates to increase the yields. Premiums and fees income is likely to grow with the recovery in the economy.
TA points
● Multiple touches of the 200 day EMA prior to strong uptrend
Target
Fibonacci extension levels from this new top are:
F1 0.618: T1 80.4
F2 1.612: T2 88.6
F3 2.618: T3 96.9
F4 3.618: T4 105
● Golden ratio mutliper zone is 105
Potentially a good long term hold. Financial services do well in periods of high interest rates. Insurance companies invest premiums into fixed income securities to drive income, which is very important for their profitability. Expect the improvement in the interest rates to increase the yields. Premiums and fees income is likely to grow with the recovery in the economy.
TA points
● Multiple touches of the 200 day EMA prior to strong uptrend
Target
Fibonacci extension levels from this new top are:
F1 0.618: T1 80.4
F2 1.612: T2 88.6
F3 2.618: T3 96.9
F4 3.618: T4 105
● Golden ratio mutliper zone is 105
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.