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$CB - Possible Rising Wedge?
Chubb Limited
Long
$CB - Possible Rising Wedge?
By Tries2Hard
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Aug 11, 2021
1
Aug 11, 2021
Really basic view. Overall, very strong (r=.912) regression since March 2020.
One concern is the possible formation of a rising wedge over that same timeframe. Would like to see price break out of the resistance line
I am bullish on
CB
as a company, and hold a position, but would like to see more daily volume and price action in the near term.
Support and Resistance
Trend Lines
Wedge
Tries2Hard
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