Brown and BrownMockup of Brown and Brown, recent purchase of large broker. Downward overall, possible upside.
Market insights
Stupid upside.I’d rather not go into the methodology, but the key focus areas are:
Q-reports
Excel modeling
Scanners
Earnings calls
Technicals
PRICE TARGET: 192 (Does not mean this will be the same next quarter.)
BRO Long to ATHBRO has retested 30 weekly EMA, historically it has been the support and it did indeed hold. Earnings in early Feb. Break above 108 would validate the long term bullish thesis. Insurance biz has been on fire.
BRO: Entry, Volume, Target, StopEntry: above 106.02
Volume: above 749k
Target: 113.04 area (this is an area, no guarantees, you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 106.03, 102.78 gets you 2/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not enter a trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
BROBrown & Brown, Inc. is an insurance brokerage firm, specialising in risk management. Headquartered in Daytona Beach, Florida, Brown & Brown has 450+ locations worldwide.
Healthy price action below multi-month supply.
Brown & Brown ,,, Buy opportunity This chart is inside an uptrend and after a pullback, its passed of a previous high and i suppose in short time it will touch $74.
By setting SL at a good place ( eg 66 ) buying suggested.
$BRO with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $BRO after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 83.33%.
$BRO with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BRO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 20%.
Brown And Brown (BRO) - Approaching A Textbook Short SetupBRO is painting a picture perfect short setup. Reward/risk using stop loss and 1st PT as pictured is 4.17 if orders are scattered across the red zone. Nice Quasimodo pattern.
BRO 6/25 Chart analysis before earningsBro is showing strong buyer sentiment with increased volume. From the reversal point (Doji candle) there have been 2 sessions of 3 consecutive trading days with Three White Soldiers. The slight rally has broken the most recent resistance. The increase in volume trading above the volume's moving average with prior positive earnings in a stable market could see further upside.
BRO: W-bottom pattern might progress to a W8 patternThe current W2 pattern might progress to a W8 pattern.
Above 56.80 supports a bullish trend direction.
Further trend support above 58.05.
Consolidation range between 57.60 and 59.30.
Breaking above 59.30 might target 61.80.
Crossing below 57.60 will be the first sign of weakness.
Brown & Brown, Inc. announces the acquisitionBRO: Brown & Brown, Inc.
2022-06-01 17:30:00
Brown & Brown, Inc. announces the acquisition of Dealer Specialties Group Corp. by Brown & Brown Dealer Services
BRO.NYS_Swim Trading VZ Breakout_LongENTRY: 68.34
SL: 63.03
TP: 72-74
- ADX<20. Would like to be higher.
- Maintaining at pivot point "P" and 38% fib.
- Strength meter is green hence some strength.
- Entry based on breakout from VZ today.
BRO breakig out and creating new all time highs.* Great earnings
* Very strong up trend
* High 3-month relative strength in the Financial sector of 6.25
* Breaking out of a 2 month base with higher than average volume
* Held up very nicely during the recent market conditions
Trade Idea:
* Now's a great time to enter as the markets are showing signs of recovery
* Still close to the broken level and adding to the volume
* If you're looking for a discount you can look for buying opportunities near the $67.13 as that should serve as support moving forward
Caution:
* If the stock makes 3 consecutive lower lows on a daily basis you might want to consider exiting early.
Brown & Brown, Inc. announces the acquisition of Rainmaker AdvisBRO: Brown & Brown, Inc.
2021-12-14 17:15:00
Brown & Brown, Inc. announces the acquisition of Rainmaker Advisory, LLC by Brown & Brown Dealer Services
Brown & Brown, Inc. announces the acquisition of Dealer Admin. SBRO: Brown & Brown, Inc.
2021-12-13 17:00:00
Brown & Brown, Inc. announces the acquisition of Dealer Admin. Services, Inc. by Brown & Brown Dealer Services
Smart Money Analysis: Smart Money Super Bullish and Active#BRO has been bullish since 2013 ever since it crosses $13.6 levels and after that it did not come down to touch this level. Since then $BRO has been trending in up trend with some little ups and down. But since May 2021 Smart Money seems to be very active and super bullish in this counter and its been rising vertically. This stock should be monitored and should be bought at every dip till $46 levels. Below $46, this may not be as lucrative as it is now. One can start accumulating this stock now at current levels and on every dip till $46.
For educational purpose only. All disclaimers apply.
BRO (NYSE)We can see a very nice chart with well tested support and resistance and room to go to $48.
Cup and HandleLacks volatility as a rule. Some want volatility just saying
Known to be slow and steady
NV High
Brown & Brown, Inc. markets and sells insurance products and services in the United States, England, Canada, Bermuda, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers commercial packages, group medical, workers' compensation, property risk, and general liability insurance products; and group and individual life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentists, oral surgeons, hygienists, lawyers, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate title agents, and escrow agents, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.
