Travelers Cos Inc. has broken through a support line of a Triangle and suggests a possible movement to 114.52 within the next 7 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
Related Posts
MSFT moves lower to 505.49 in the last 6 days.
MSFT has moved lower by 3.53% from 524.005 to 505.49 in the last 6 days.
NKE is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
Emerging Triangle detected on NKE – the pattern is an emerging one and has not yet broken through…
Breach of 229.3200 could mean a start of a bearish trend on AMZN
The breakout of AMZN through the 229.3200 price line is a breach of an important psychological price that…