05.06.2014 - Hartford Financial Services is preparing for a strong movement

The price of Hartford Financial Services approached the strong level of 35.60 and continues the upward movement. In case of further growth the price may reach the upper boundary of the triangle. The signal to buy will be price movement beyond triangle and fixing the price above 36.00. In such case the price may rise to 38.00 and 41.00. In case of decrease the price may reach 34.00 and 32.00. We recommend to open short positions after the price fixation below 34.00, but expect continued growth in the medium term.

Nearest resistance levels: 36.00, 38.00, 41.00

Nearest support levels: 34.00, 32.00, 31.50

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.