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Chubb Limited (CB) – stock is trading around $152.96 dollars as of December, 11, 2019 and offering a possible buying price between $153.00 – $160.65. Let’s look at the stocks technical actions using a weekly chart.
2. The stock had a rock solid run ever since it’s breakout in middle of March.
3. The stock was appeared to be in a consolidation back in September, but broke down with classic rail road bearish reversal.
4. The stock even lost the key 50 day moving average (DMA) support line, as well.
5. However, the stock found support at the 200 DMA price levels.
6. The stock recently regained the 50 DMA, as well.
7. The stock is offering possible buying price between $153.00 – $160.65, with a stop loss at $140.76.
This stock is already part of the Stocks Above 100 Dollars pick and performance will be tracked here .
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