A clean Ascending Triangle often precedes a big move. Validate your entry.
Bullish continuation pattern.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Traders are watching Chubb Limited (CB) as price action tightens. Currently at $359.75, the asset is showing upward momentum (1.84%). Price action has carved out a classic Rounding Bottom. Volume is average (0.9x avg) with moderate trend strength (3.8). A potential breakout level is identified at $365.29, targeting $422.93 with support near $336.47 (R:R 2.0).
What is your outlook on CB?