Short term view - DIRECT LINE INSURANCE GROUP : The moving average is supporting prices.
The trend is still neutral but within that interval prices could head towards the bottom of the range.Arguments :
- The support has been breached.
- The major support is close.
- The resistance has been reached, it causes the fall.
- The moving average is supporting prices.
Direct Line Insurance Group is a personal and small business general insurer in the U.K. Co.'s principal activity is managing its investments in subsidiaries, providing loans to those subsidiaries, raising funds, and the receipt and payment of dividends. Co.'s segments are Motor, which consists of personal motor insurance together with the associated legal protection cover; Home, which consists of home insurance together with associated legal protection cover; Rescue and other personal lines, which consists of rescue products, and other personal lines insurance, including travel, pet and creditor; and Commercial, which consists of commercial insurance for small and medium-size entities.
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