Travelers Cos Inc. is heading towards a price line of 135.44 and could reach this point within the next 10 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
PFE – breach of price line that’s been previously tested numerous times before
PFE has broken through a resistance line. It has touched this line numerous times in the last 63…
After testing support twice in the past, AMZN has finally broken through. Can we expect a bearish trend to follow?
This trade setup on AMZN is formed by a period of consolidation; a period in which the price…
Supports and resistances are primary concepts of technical analysis. TSLA is heading for an important price of 332.9500 – read about what this could mean for the future.
TSLA is moving towards a resistance line. Because we have seen it retrace from this level in the…