Travelers Cos Inc. has broken through a support line of a Descending Triangle chart pattern. If this breakout holds true, we expect the price of Travelers Cos Inc. to test 98.55 within the next 6 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Breach of support could mean a start of a bearish trend on Travelers Cos Inc.
