Aug. 20 at 12:53 AM
$PGR | Progressive Corp (Financials / Insurance 🚗)
Price is holding key horizontal support around
$205.91 following a wedge compression breakdown attempt on the 8H chart. Bulls are fighting to push back above the
$217.28 pivot to reclaim macro ascending channel momentum.
Key Technical Levels
• Pivot Support:
$205.91 🐂
• Reclaim Trigger:
$217.28 🚀
• Overhead Target 1:
$232.54 🎯
• Overhead Target 2:
$244.00 💰
• Downside Risk Level:
$195.47 🐻
• Stop Loss:
$204.10 🛑
Flow & Technical Bias
Setup: 8H Wedge Compression Retest / Horizontal Support Hold
Bias: Neutral / Bullish above
$205.91
#PGR #optionsflow #stockmarket #technicalanalysis #swingtrading #hovdid