“The Setup for a Year End Rally Is Getting Stronger”
TRV looks good and is poised to return to its prior high around 397; it broke through and closed above that level on Wednesday, with a strongly rising accumulation/distribution line, remarkable relative strength and strong volume trends.
Travelers Company. I have been speaking to members about this stock, saying that I believe it is poised to return to the high we saw a few months ago at around 397. Well, not only that, but we broke through on Wednesday and closed above that level.
The accumulation and distribution line is moving strongly. The relative strength was remarkable. Trading volume trends are strong. Travelers stock looks good to me.