PGR (Progressive Corp) offers an objective long entry here at long-term support (see weekly chart) and/or on a breakout above this daily bullish falling wedge pattern. Three current price targets (T1 – T3) are listed on the daily chart below, although the recently taken out 200-day MA’s are likely to come into play as resistance, if/when backtested from below & might be revised to the final target if/when hit.
PGR daily April 17th
PGR weekly April 17th
Stops commensurate with one’s average entry price & preferred price target(s), using a favorable R/R ideally of 3:1 or better (or a solid weekly close below the long-term uptrend line). Daily & weekly charts above..