Travelers Cos Inc. has broken through a support line of a Channel Up and suggests a possible movement to 159.16 within the next 11 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 6 days.
Related Posts
NVDA has broken out from the Triangle pattern. Expect it to hit 122.0188 soon.
NVDA moved through the resistance line of a Triangle at 110.01310344827588 on the 4 hour chart. This line…
Is the extremely large movement on NFLX a sign of things to come?
NFLX hits 1096.73 after a 26.43% move spanning 19 days.
A Channel Up has formed, NVDA is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
A Channel Up pattern was identified on NVDA at 106.38, creating an expectation that it may move to…