CB - head and shoulders Short

Chubb LimitedNYSE

Description

⋅ May 9, 2023 2:43 PM

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

⋅ Jun 10, 2023 12:46 PM

The right shoulder fully developed. Wait for a breakout

Comments

WalterMoon

⋅ May 10, 2023 10:21 AM

Great analysis as usual, I think it's correct idea :)