VasilyPonomarev
Long

CHEVRON (CVX): Close To Key Structure

NYSE:CVX   CHEVRON CORPORATION

chevron is coming closer and closer to a key structure support level.

I would consider a buying opportunity from 103.0 level with a potential bullish reaction to 114 / 121 levels.

with a stop below the X the position will be protected against the volatility and occasional fluctuations!
good luck!
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Share your thoughts on CHEVRON here!
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Alexis1986 VasilyPonomarev
@VasilyPonomarev, I think this is a very nice level to buy for long term, our Chevron employees do not expect a big movement up so far. But as soon as we finish our future growth project plant I think price may achive double price from now. Will see...
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@Alexis1986, hey Alexis!
yeah, this trade is more just about supply and demand
from the underlined level buyers will have a great discount for buying
so bullish reaction is highly possible
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