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TOPIC: Travelers $TRV Tags Epic 2013 Support + 50% Pullba

Travelers $TRV Tags Epic 2013 Support + 50% Pullba 3 weeks 13 hours ago #11262

  • inthemoneystocks
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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
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