The breakout of Travelers Cos Inc. through the 177.85 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Travelers Cos Inc. could test 182.19 within the next 14 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
Important support line being approached by AMD. This price has been tested numerous time in the last 32 days
Emerging Channel Up pattern in its final wave was identified on the AMD 4 hour chart. After a…
MSFT seems to be on its way to resistance – a possible opportunity?
MSFT is en route to a very important line that will be a definite deciding factor of what…
Because AVGO formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
An emerging Rising Wedge has been detected on AVGO on the 1 hour chart. There is a possible…