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Benzinga
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Progressive Shares Rise 3.3% To Hit Intraday High After Key Trading Signal

1. PGR experienced a significant Power Inflow alert at $218.11. 2. Following the alert, PGR rose to $225.39, indicating bullish momentum. 3. Power Inflow signals suggest strong institutional and retail buying interest. 4. Order flow analytics help identify potential stock price reversals. 5. PGR's sharp gains demonstrate the effectiveness of real-time trading indicators.

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FAQ

Why Bullish?

The Power Inflow signal indicates strong buying interest, akin to previous bullish signals seen in companies like NVIDIA, which drove significant upward movement in stocks post-alerts.

How important is it?

The article showcases a real-time indicator that has proven influential in stock trading, impacting market sentiment and likely influencing perceptions of similar S&P 500 constituent stocks.

Why Short Term?

This type of trading signal typically affects price moves within the same trading day, as seen with intraday gains in similar circumstances.

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