Travelers Companies Inc. uptrend is running out of steam. Daily view now actually sideways, implying stock has been held up by Buybacks, and without them it may slide down more. Insurance Sector is overspeculated and at a higher risk at this time.
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 150.50 • Take Profit Level: 153.00 (250 pips) If the...
The MACD divergence on the long term chart of TRV indicates prices should be near the $128 level. The topping pattern forming on the daily seems to add credibility that this move is over. The daily chart closed near the low today and the MACD on daily is diverging down. Those who follow other time frames will note the weekly while in a large double top too of...
uptrend , buy opportunity after pullback and nice candle as a trigger
TRV shares looking to move out of a long channel while weekly RSI already broke out. Shares moved out of consolidation last week and back over its 200 MA tradingview.go2cloud.org
Lines up with my YM count that a wave 1 of 5 top is next.
TRV is oversold and has a potential 16% gain to a potential -4% loss. risk/reward looks good. Insurance businesses always seem to do well, which makes this a safer play in my opinion. also a good dividend. Claim dividends and hold for a 16% gain? doesnt sound too bad to me.
Recently broke support. Very small wick at the lower shadow. EMA + RSI + MACD all pointing down. If there's no good news from Trump, this could hit $130 in 1-2 days.
Signal for a potential bottom exactly at 0.618 fib
Great bearish Candle indicating sellers being the leaders!
There have been 4 strong tests on the trend line, the first three were over sold, the last one the looks like it's about to break out and is a.) mid BB and b.) right on the MA line. There is also a cross of the 50 and 200 SMA lines, and consolidation has already begun at the trend line. I have added this to my Schwab watch list and will be watching over the next...
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive drive.google.com 4XSetUps for next week - friday close (DOW 30 Index & all shares) Best regards :) Aaron