Joel Kruger suggests this interesting Equities in his section Equities of interest :
Hartford Financial Services Group Inc. (NYSE: HIG)
With the broader equity markets under pressure, I continue to only look for markets which are tracking in overbought territory and look like they could soon be exposed to risk off market forces. This ticker shows plenty of resistance in the $23.00 area, and I believe we could see the formation of a double top on the daily chart, with a break back below neckline support around $21.50 to trigger the formation and open a measured move objective at $20.00 further down. Ultimately, only a daily close back above $23.00 would negate and give reason for pause.
