Here’s a chart of Universal Insurance Holdings (UVE) exploding out of a cup-and-handle chart pattern and making a nice 14.42% in a matter of just 8 days.
(Chart courtesy of Stockcharts.com)
The company underwrites mostly homeownersÂ’ insurance products through a network of independent agents in Delaware, Florida, Georgia, Hawaii, Indiana, Maryland, Massachusetts, North Carolina, Pennsylvania, and South Carolina.
As always I welcome your comments.
–pj