chart courtesy of Mastertrader.com
Industry: Property/Casualty Ins Closing Price: $39.51 Avg.Vol.: 5587880K
Company Profile: The Chubb Corporation, a holding company, offers property and casualty insurance, which includes personal, standard commercial and specialty commercial insurance. The Company provides insurance coverage principally in the United States, Canada, Europe, Australia, and parts of Latin America and Asia.
Chart Setup: Sell Setup
Trading Strategy: We'll look to sell short CB under 39.35 with a protective stop above 40.77. Target 1: 37.00