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There is a possibility of a big movement on Travelers Cos Inc. after a breach of the resistance

Travelers Cos Inc. has broken through a resistance line of a Pennant and suggests a possible movement to 158.07 within the next 6 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.

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