Is Buying Stock Like Kingsway Financial Services Inc. (KFS) After This Bullish Inverse H&S Pattern a Winning Strategy?

February 15, 2018 - By Winifred Garcia

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.53, from 0.8 in 2017Q2. It improved, as 0 investors sold Kingsway Financial Services Inc. shares while 3 reduced holdings. 1 funds opened positions while 3 raised stakes. 696,960 shares or 4.43% more from 667,396 shares in 2017Q2 were reported.
300 were reported by Jpmorgan Chase &. Raymond James Fincl Advsr holds 12,400 shares. Missouri-based Stifel has invested 0% in Kingsway Financial Services Inc. (NYSE:KFS). Commercial Bank Of Montreal Can reported 250 shares. Zeke Lc invested 0.03% of its portfolio in Kingsway Financial Services Inc. (NYSE:KFS). Bradley Foster And Sargent Incorporated Ct holds 65,038 shares or 0.02% of its portfolio. Toronto Dominion Bancorp holds 205 shares or 0% of its portfolio. Royal State Bank Of Canada holds 0% or 1,138 shares. Deutsche Financial Bank Ag has invested 0% in Kingsway Financial Services Inc. (NYSE:KFS). Css Limited Com Il holds 0.01% or 37,651 shares. Gluskin Sheff & Associates reported 0.13% stake. Renaissance Technology Ltd Liability Com has invested 0% in Kingsway Financial Services Inc. (NYSE:KFS). Morgan Stanley stated it has 600 shares.

Since December 12, 2017, it had 17 buys, and 1 sale for $133,719 activity. On Friday, January 12 the insider Fitzgerald John Taylor Maloney bought $1,661. Shares for $994 were bought by BAQAR HASSAN on Tuesday, January 30. Shares for $302,652 were sold by STILWELL JOSEPH. The insider SWETS LARRY G JR bought 394 shares worth $2,084. The insider Kavanagh Terence Michael bought $151,500. 294 shares were bought by Hickey William August Jr, worth $1,504.

The stock of Kingsway Financial Services Inc. (KFS) formed H&SI with $5.99 price target or 5.00 % above the current $5.70 share price. The 9 months Head & Shoulders Inverse reveals low risk for the $132.83 million company. This trade was featured by Faxor.com on Feb, 15. If the $5.99 target price is reached, the company’s valuation will be $6.64 million more.
Inverse Head-and-shoulders are some of the best chart patterns to trade. These formations work as in bear as in bull markets and many researchers states that they have very low failure rates. Despite the high pullback rate, these trading patterns are usually good places to trade based on their risk-reward profile. Industry experts’s backtests show that 55% of these patterns reach their targets.

The stock increased 0.80% or $0.04 during the last trading session, reaching $5.7. About 801 shares traded. Kingsway Financial Services Inc. (NYSE:KFS) has risen 35.78% since February 15, 2017 and is uptrending. It has outperformed by 19.08% the S&P500.

More news for Kingsway Financial Services Inc. (NYSE:KFS) were recently published by: Marketwatch.com, which released: “HopFed Bancorp Inc.” on May 19, 2017. Moodys.com‘s article titled: “Moody’s downgrades New Jersey School Bond Reserve Act (Chapter 72) to A2 from …” and published on June 10, 2015 is yet another important article.

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