Brown & Brown Inc NYSE: BROYour budget for this stock should be divided into three parts, and purchases should be made in installments. Target 1 will be reached in the short term. Targets 2 and 3 should be considered bonuses and are not guaranteed. You don't need to use stop-loss orders. If it falls to the 3rd entry point, sell all your lots when it reaches the 1st entry point (59.40). Because the stock tends to continue making lower lows. This is the last chance to exit before the bridge.
In-depth trading ideas
CONCRETE FOUNDATION WITH 100% POTENTIAL: BROWN & BROWN (BRO)The market is giving us a rare gift in one of the most stable companies in insurance! While the price is testing its 52-week low, the numbers behind BRO scream "BUY".
Why is BRO on our "BUY A LOT" list?
✅ Record Growth: Revenue jumped 35.4% last quarter!
✅ Massive Undervaluation: The price is currently around $56, while analysts' target levels are $113.84. That's double the potential!
✅ Institutional Magnet: 82% of the company is held by giants like BlackRock and Vanguard. They don't sell, they accumulate.
✅ Financial Fortress: Altman Z-Score of 3.42 and low debt. This is a company that grows through smart acquisitions without threatening its balance sheet.
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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.
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.
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.
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.






















