When the Price of (CB) Talks, People Listen

November 30, 2024, 23:24 pm ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CB

• Buy CB near 279.7 target 292.61 stop loss @ 278.89 Details

The technical summary data tells us to buy CB near 279.7 with an upside target of 292.61. This data also tells us to set a stop loss @ 278.89 to protect against excessive loss in case the stock begins to move against the trade. 279.7 is the first level of support below 288.73 , and by rule, any test of support is a buy signal. In this case, support 279.7 would be being tested, so a buy signal would exist.

• Short CB slightly under 292.61, target 279.7, stop loss @ 293.46 Details

The technical summary data is suggesting a short of CB as it gets near 292.61 with a downside target of 279.7. We should have a stop loss in place at 293.46though. 292.61 is the first level of resistance above 288.73, and by rule, any test of resistance is a short signal. In this case, if resistance 292.61 is being tested, so a short signal would exist.

Swing Trading Plans for CB

• Buy CB slightly over 291.29, target 292.61, Stop Loss @ 290.45 Details

If 291.29 begins to break higher, the technical summary data tells us to buy CB just slightly over 291.29, with an upside target of 292.61. The data also tells us to set a stop loss @ 290.45 in case the stock turns against the trade. 291.29 is the first level of resistance above 288.73, and by rule, any break above resistance is a buy signal. In this case, 291.29, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CB slightly near 291.29, target 285.37, Stop Loss @ 292.13. Details

The technical summary data is suggesting a short of CB if it tests 291.29 with a downside target of 285.37. We should have a stop loss in place at 292.13 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 291.29, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for CB

• Buy CB slightly over 289.55, target 291.29, Stop Loss @ 288.87 Details

If 289.55 begins to break higher, the technical summary data tells us to buy CB just slightly over 289.55, with an upside target of 291.29. The data also tells us to set a stop loss @ 288.87 in case the stock turns against the trade. 289.55 is the first level of resistance above 288.73, and by rule, any break above resistance is a buy signal. In this case, 289.55, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CB slightly near 289.55, target 285.37, Stop Loss @ 290.23. Details

The technical summary data is suggesting a short of CB if it tests 289.55 with a downside target of 285.37. We should have a stop loss in place at 290.23 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 289.55, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Chubb Limited (CB) available here: CB.

CB Ratings for November 30:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	279.7
P2	289.55	285.37	292.61
P3	292.83	291.29	305.62

AI Generated Signals for CB

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Chubb Limited (NYSE: CB) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for CB can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.