May 09, 2025, 16:36 pm ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for HIG
- Buy HIG near 120.25 target 128.16 stop loss @ 119.9 Details
The technical summary data tells us to buy HIG near 120.25 with an upside target of 128.16. This data also tells us to set a stop loss @ 119.9 to protect against excessive loss in case the stock begins to move against the trade. 120.25 is the first level of support below 127.52 , and by rule, any test of support is a buy signal. In this case, support 120.25 is being tested, a buy signal would exist.
- Short HIG slightly under 128.16, target 120.25, stop loss @ 128.53 Details
The technical…