Chubb shares ( NYSE:CB ) jumped over 8% in late trade on Wednesday after Warren Buffett's Berkshire Hathaway revealed a $6.7 billion stake in the Zurich-based insurer. Buffett recently told shareholders that property-casualty insurance provides the core of Berkshire's well-being and growth. Berkshire had been building its position in Chubb since 2023, but had not...
As it seems ruble markets are quiet as a silent hill, no complications about destiny of this want to be world reserve currency.
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.
Hello, I see Head and scolders pattern, with targets (168 - 160 - 156 - 150) invalidation if it close 4 h above 188. Also we are in correction wave could reach 120, so I think short is good here. DYOR, Not Financial Advice. Week NO 39
For the investors who look for long-run performance, this is for you. Chubb Limited, incorporated in Zürich, Switzerland, is a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and the largest publicly traded property and casualty company in the world. The insurance sector is the best...
I have changed up how to best display projected movement. In the case of CB, 1 of my algorithms signaled a BUY on March 22, 2021. Equities nearly always obey the signal and move up, but sometimes it may continue to move down first. I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a...
According to The Economist, the trade war between the United States and China has already caused the global economy irreparable damage, disrupting the supply chain that had been creating for several decades. The point is that, there are a lot of Chinese companies have found the way of delivery of goods to the United States. For instance, across Vietnam. The...
Tuesday turned out to be another quiet day. So, we have time to talk about global things. For instance, about the possible price of a trade war for the United States, China and the world as a whole. The fact is that trade wars have been discussed often, almost constantly, but at the same time, some things are sounded as self-evident without any refinements to...
Escalation of a trade war has led not only to concerns expansion about global economic growth, but also to a fall in the rates of developing countries’ currencies. Since quotation mainly goes against the dollar, it has become an unwitting beneficiary because of this. The correlation between the dynamics of the dollar and the currencies of developing countries...
Our Second Idea on Tradingview => Here we are smelling risk off in the coming sessions. =>From a technical perspective we are eyeballing a move back towards the 61.8% from the bottom of the channel we have been trading since April. =>Expecting investors to raise the bid on risk off assets as we have the triple CB combo this week with BOJ, FED and BOE in play....
Very harmonic stock, first bat pattern start at July, which completes and reverses nicely in Oct. The D point of the first Bat Pattern forms the C point in AB=CD. D point reversal also forms the X leg of the second Bat Pattern of which the A point completes where AB=CD, and sharply reverses. Price reverses off the .886XA in the Gartley Pattern which Fibonacci...
FIRST, as we can all see ,gold has met the trend line resistant SECOND, gold has just ended the AB=CD move, theoretically gold will have more space to the downward at the future
Almost AB=CD pattern completes and also price at key resistence, Preferably short after watching price action.
Buy at EPA line of Bearish Wolfe Wave pattern then take profit at target of ABCD pattern.