Long Position on AET @ $54.00 on 4/5/2013 (Momentum)

Bullish Flag on AET

Aetna Inc. (AET) operates as a diversified health care benefits company in the United States.

The company operates in three segments: Health Care, Group Insurance, and Large Case Pensions.

The Health Care segment provides medical, pharmacy benefit management, dental, behavioral health, and vision plans on an insured basis, and an employer-funded or administrative basis. This segment also provides Medicare and Medicaid products and services, as well as other medical products, such as medical management and data analytics services, medical stop loss insurance, and products that provide access to its provider networks in select markets. This segment offers its products and services to multi-site national, mid-sized, and small employers, as well as individual customers. The Group Insurance segment provides life insurance products that consist of group term life insurance, voluntary spouse and dependent term life insurance, group universal life, and accidental death and dismemberment insurance; disability insurance products; and long-term care insurance products, which offer benefits to cover the cost of care in private home settings, adult day care, assisted living, or nursing facilities. This segment provides insurance products principally to employers that sponsor its products for the benefit of their employees and their employees’ dependents.

The Large Case Pensions segment manages various retirement products, including pension and annuity products for tax-qualified pension plans. The company’s customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates.

Shares have formed a bullish "flag" and higher prices are expected for this stock.

52-Week Trading Range:   $34.58 - $55.62

Entry Point:  $54.00

Target Price:  $59.47

Stop Loss:      $51.30

Updates

5/3/2013 12:07:35 PM

We are closing AET after our 30-day period expired. We had a return of +9.0%. If you elect to stay in this stock, please adjust your stop loss higher to protect you gains.

Position closed on 5/3/2013 at price of $58.90 with a 9.07% gain in 28 days.

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