Cigna's shares may be sending a positive signal - Joseph Lazzaro

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Cigna's shares may be sending a positive signal
May 28, 2009 07:00 PM UTC

Joseph Lazzaro

Return	Risk
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Symbol	Sentiment	Start	Return	Closed
CI		05/28/09	+41.43%	--

Via BloggingStocks:

Filed under: CIGNA Corp (CI), Stocks to Buy

Readers of this space know that the bias favors conservative-to-moderate risk companies with demonstrated business models. Moreover, the methodology emphasizes fundamentals, preferably supported by technical indicators.

But every once in a while, the technicals take precedence, particularly in an oversold stock in an out-of-favor sector where the 50-day moving average comes in to play. Cigna (NYSE: CI) is one such case study.

Continue reading Cigna's shares may be sending a positive signal

Cigna's shares may be sending a positive signal originally appeared on BloggingStocks on Thu, 28 May 2009 14:00:00 EST. Please see our terms for use of feeds.

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