A clean Rectangle often precedes a big move. Validate your entry.
Sideways movement between parallel supports.
Bullish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for Chubb Limited (CB) on the daily chart. With a last close of $330.35, volatility remains active (0.6%). Price action has carved out a classic Ascending Triangle. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $334.97, targeting $354.9 with support near $315.04 (R:R 1.0).
What is your outlook on CB?