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vf_investment

CB - head and shoulders

Short
Chubb Limited (NYSE:CB)  
vf_investment Updated   
NYSE:CB   Chubb Limited
Harmonic Patterns Chart Patterns Trend Analysis CB tradingsignals tradingideas trading
2
1
harmonicpatterns chartpattern trendanalysis cb tradingsignals tradingideas trading
On the chart we can see the head and shoulders formation, which is bearish.

We are expecting a breakdown.

Enter the short position only if the price breaks the neckline.

Target and stop loss are shown on the chart.
Comment:
The right shoulder fully developed. Wait for a breakout
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