Jump to content

Travelers $TRV Tags Epic 2013 Support + 50% Pullback


Recommended Posts

Shares of The Travelers Companies Inc (TRV) hit major technical support today at $80.00. This is a full 50% drop from its recent all-time high of near $160 and a major technical level from 2013. Quality stocks that may see minimal hardships from the coronvirus outbreak should be accumulated at these levels, especially if you have a 1+ year horizon for hold time.

I am anticipating a bounce back to $110.00 in the coming month for near-term swing traders. This technical level is the dream level for traders as full panic has hit the market.

See the chart here: https://inthemoneystocks.com/travelers-trv-tags-epic-2013-support-50-pullback/

Gareth Soloway
Chief Market Strategist
InTheMoneyStocks

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

The following limits are in place
  • Total videos allowed:
  • Total images allowed:
  • Total links allowed:
  • Total spoilers allowed:
  • Total emoticons allowed:
×
×
  • Create New...