Brown & Brown, Inc. ( $BRO ) is one of the super and best stock to buy as of May 13, 2019. It’s a growth stocks with strong fundamentals and technical action. Let’s look at the stocks technical actions using a weekly chart.
2. The stock has solid run with a minor consolidation back in 2017 and 2018.
3. It found support at the 50 day moving average throughout the run.
4. The stock had finally a wild and severe correction in the end of 2018 and early 2018.
5. The stock also witnessed a washout week during the time.
6. The stock finally bounced back.
7. The stock also see more accumulation week during the bounce.
8. The stock appears to be in a quick consolidation, now.
9. The buying price would be $32.48 – 34.10.
