Chubb Limited (CB) is showing clear signs of bearish momentum, with repeated lower highs and lows signaling potential further downside. The rejection at recent highs and a lack of buying strength suggest the price could break lower, targeting the critical support level at $244.94. The Ichimoku Cloud confirms bearish dominance, making this a key level to watch. A breakdown below minor supports could trigger a sharp move down to $244.94. Stay alert for this potential drop! 📉🔥
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.