AHL is a $2.2 billion financial company that provides insurance and reinsurance products and services worldwide. While the overall market has been climbing, AHL has pulled back to its 50 day SMA, printing a reversing doji candle on Monday in the process. This recent price weakness has also been enough to test its intermediate-term uptrend line. We like AHL at the current price, but would sour on it if we see a close beneath $27.00, especially if heavy volume accompanies that move. Topside, a move back up to test the recent highs near $28.75 would seem logical.
AHL - Aspen Insurance Holdings, Ltd (NYSE)
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