W. R. Berkley Corporation ( $WRB ) – stock is trading over 50 dollars and offering a possible buying price between $71.33 – $74.90. Let’s look at the stocks technical actions using a weekly chart.
2. The stock breakout from a lengthy base back in February.
3. The stock witnessed a solid run after that.
4. The stock then had a nice and tight consolidation after that.
5. The stock witnessed another solid run after that.
6. The stock also found support at the 50 day moving average line all the way.
7. The stock is offering possible buying price between $71.33 – $74.90, with a stop loss at $65.62.
