We expect Travelers to continue its corrective rise in the form of the magenta wave (B) to just below resistance at $232.75 before a significant sell-off sets in. If, on the other hand, the price were to decline earlier and slip below the support at $200.40, our alternative scenario will come into play (35% likely). In this case, we will expect a lower low of the...
I had an alert set for Travelers NYSE:TRV that hit this morning. It is the 50% Retracement Support on the Daily for the last 2 quarters of price action. This sets up a good long to retest the high should the level hold.
TRV $TRV Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Rectangles can extend for a few weeks or many months, and provide great trade opportunities every time the stock touches the top or bottom of the rectangle, until it finally breaks to the upside or downside. TRV has been trading in a range (146.75 / 162.77) since February, forming a rectangle pattern. Generally, the longer the pattern, the more significant...
Today, we will look at a beautiful chart from a technical perspective and all the relevant levels that we should pay attention to. Key Elements on the chart: a) The dynamic Resistance level working since 2018. That's our Major level in terms of defining the turning point for bullish movements. Once we have clarity about "major levels," we may see two types...
In this update we review a potential ascending triangle trade in Traveller Company listed on the NYSE, we identify a high probability trade & target
Very nice bear setup here!
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Short 1000 $PFG Long 356 $TRV Mean Reversion Time: 14 Trading Days
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Short 1000 $PFG Long 356 $TRV Mean Reversion Time: 14 Trading Days
Using our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Short 5th Wave Swing Trading Opportunity on TRV. The 5th wave move in an elliottwave sequence is the highest probability move. The wave 4 pull back after the earnings gap down has found resistance in the green zone of our probability pullback zones, which...
Put spread 145/135 $3 max loss is 200 September 20 exp
Travelers Companies Inc. uptrend is running out of steam. Daily view now actually sideways, implying stock has been held up by Buybacks, and without them it may slide down more. Insurance Sector is overspeculated and at a higher risk at this time.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive drive.google.com 4XSetUps for next week - friday close (DOW 30 Index & all shares) Best regards :) Aaron
Travelers Companies Inc (NYSE:TRV) is finally having a corrective move. The stock had an amazing move from $103.50 to $123.00 between November and December 2016. In Travelers' history, this percentage move in such a short time is unparalleled. As impressive a move as that was, the stock is now correcting sharply lower. As the stock collapses, smart investors are...
Travelers is the second best looking stock in our Dow Jones Overviews so far (after Nike) On long term basis it is trading firmly above 10-year uptrend border - 1st standard deviation from 10-year mean (at 87.75) - and did not even tag it during the August market-wide sell-off Price is also currently testing the 5-year uptrend, trading close to its border - the...
Longer term supply signals since December, January mid term supply and now difficulty getting through L7 Cyclical Resistance. I have trimmed to a 1/3 position and tightened stops. This is more than normal since the SPY, IVV, ES E-mini, etc are all showing excess supply coming in.