After ACGL’s recent 52-Week highs, the stock pulled back to the middle Keltner Channel allowing the stock to take a breather. To close out last week ACGL began to rally off the middle channel and looks poised to trade higher and capture new highs.
As a key part of Chuck’s Optioneering Team, I work closely with Chuck throughout the week to review various setups and we select one we feel is ripe for a favorable move. Keep an eye on your Inbox for more insight to help you navigate the markets.
Thank you,
Blane Markham
Technician
Hughes Optioneering Team
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