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
AVGO is approaching a support line of a Flag. It has touched this line numerous times in the last 8 days.
Emerging Flag pattern in its final wave was identified on the AVGO 1 hour chart. After a strong…
CVX is quickly approaching a very important level it has previously tested numerous times in the past
CVX is moving towards a resistance line. Because we have seen it retrace from this level in the…
GOOGL – approaching a support line that has been previously tested at least twice in the past
Emerging Triangle pattern in its final wave was identified on the GOOGL 4 hour chart. After a strong…