NYSE:CB closed right at the symmetrical triangle lower boundary. Looks ready for a move out of pattern.
First project will expand protected area in Brazil's Atlantic Rainforest NEW YORK, June 4, 2020 /PRNewswire/ -- The Chubb Charitable Foundation today announced a $500,000 commitment to Rainforest Trust, a global conservation organization that purchases and protects the most threatened tropical forests, saving endangered wildlife and sequestering carbon through...
CB was already moving down this morning and the MACD seems to show prices should be down around 150 -155. Bought some October 18 155 puts at 60c
CB from a technical perspective looks ready to breakout and join the stock market rally. I look to buy the August 16th expiration long call 140 and sell 150 call. The price of this option is 450$ and the profit potential is 550$. This kind of trade allows several months for the stock to make new highs and you can either make 20%-30% buy buying the stock or you...
CB: Chubb Limited 2018-11-15 11:48:00 Chubb Limited Board Declares Quarterly Dividend and Authorizes Share Repurchase Program
The uptrend is continuing and any daily correction may be healthy only.
Red MA (EMA50) has a positive slope; bullish. RSI, OBV, and MACD also indicating bullish action. If looking to invest, at least let it retest EMA50. Obey your rules.