The breakout of Travelers Cos Inc. through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of Travelers Cos Inc. to test 151.11 within the next 21 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, Travelers Cos Inc. has finally broken through. Can we expect a bearish trend to follow?
