#Investors often shrug off the impact of #stimulus but when fabricated demand comes into the #stockmarket everything is affected, even Unum (NYSE: UNM) and other stocks that might not be direct beneficiaries. They say, a rising tide lifts all boats, and multiple expansion is a natural byproduct, but it works in both ways. For UNM we can see the impact demand changes have on price by looking at the trading plans and pivot points below. This changes over time, so we suggest updating the data for the most actionable results, but this static example also demonstrates how this is done. For an update, please request Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Strong | Strong | Strong |
P1 | 0 | 0 | 27.02 |
P2 | 29.96 | 29.71 | 29.00 |
P3 | 30.64 | 30.69 | 31.15 |
Longer Term Trading Plans for UNM
May 29, 2021, 1:15 pm ET
UNM - (Long) Support Plan
Buy over 29.00 target 31.15 stop loss @ 28.92
UNM - (Short) Resistance Plan
Short under 31.15, target 29.00, stop loss @ 31.24