Jugok Trade

Insurance stocks are rebounding strongly, as expected. They are likely to continue to rebound next week as well. United health and Progressive look relatively strong. Leading Company is United Health (NYSE: UNH). The UNH stock price is likely to rebound to $ 282.66. Then, it is likely to drop again. The downside support line is likely to be $ 258.93. If it rises above $ 268.58 again from the support line, it would be a signal for a higher rise. Progressive (PGR) is likely to rebound to around 68.95 Allstate (ALL) is likely to rebound to around 92.05 Travelers (TRV) is likely to rebound to around 130.00 Visa (V)is likely to rebound to around 145.40 [UNH stock price weekly chart]

Insurance stocks are likely to rebound a bit more. It is a rebound, not a rise. United Health and Visa are strong. Allstate and travelers seem to be weak. The best way now is not to enter the market. UNH (UnitedHealth) : likely to rebound to around 269.80 PGR (Progressive) : likely to rebound to around 64.5 ALL (Allstate) : likely to rebound to around 87.6 TRV (Travelers) : likely to rebound to around 124.6 V (Visa) : likely to rebound to around 148.5 [NYSE: UNH, UnitedHealth stock price weekly chart]

Insurance stocks have weakened. It is likely to drop a little more, and then it is likely to walk sideways in a certain range for a long time. After a slight rebound, it is likely to start falling again and drop to $ 63.5. After that, it is likely to move in the range of 63.5 ~ 91.0. It would be better to do sell-trading. [NYSE: ALL stock price monthly chart]