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Lol stupid companies, do you know what it takes to go public my friend? Don’t let emotions get to you in investing, but if you’re trading based on technical analysis without enough research on fundamentals, that’s just plain risky gamble.
@Yap Idk bro, I’m far from a guru. But good question, depends on their risk strategy, appetite and actuarial calculations. Pretty sure it’s more quant than qual approach. In a perfect world, insurers would hold at least 100% of potential claims in cash.
Price go up when -> if you know how to read the chart, you can see the wave-like pattern, which means there’s up and there’s down. If the price only goes down, it’ll be a downward slope. If it only goes up, it’ll be an upward slope. I hope this helps with your understanding of up and down. I can attempt to elaborate more if required.