Harleysville Fincl bobbled around today only ended up 0.09% since yesterday. It looks like HARL may be interacting with a slightly angled resistance line. This area could represent a pivot point. Let's also consider momentum! Harleysville Fincl has been on a tear lately and has decent upward momentum, when assets move up like that, they have a habit of breaking through resistance points.
so unless you know something I don't, it probably wouldn't short a stock like this. It looks like HARL may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. If we also take into account the strong positive momentum that Harleysville Fincl has shown over the last year. A lot of buyers typically come in on dips to bid the price up. It certainly increases the
likelihood of getting a nice bounce off of this particular resistance line.
If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price does in fact bounce off here, it might find nearest support down at the $27.25 level, hard to say where it will go from there though.
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
