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Peet_Serfontein
Nov 14, 2022 12:48 PM

CB: mean reverting trade? Short

Chubb LimitedNYSE

Description

A price action below 211.50 supports a bearish trend direction.
Also confirmation for a price action below 212.00.
Consolidation price range between 203.50 and 209.00.
Crossing below 203.50 supports the price action to reach 198.00.
MACD bearish crossover also applicable.
Comments
TORNADOF5
hey , what you think about short Halo ??
Peet_Serfontein
@TORNADOF5, only below 53.00. It is overbought, but need further technical confirmation that the trend is getting weaker.
TORNADOF5
@Peet_Serfontein, amazing ,
thank you
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