Small Cap Insurer Seeing Strong Sales Growth Nears Breakout
Baldwin Insurance (BWIN) shares are showing great relative strength and closed strong Monday above their monthly value area near 43. A breakout now underway likely can target 45 and then the Fibonacci extensions at 46.75. and 49. BWIN has traded strong since its ticker symbol change in May from BRP and earlier this month reported a strong quarter with organic revenue growth of 19% year-over-year.
