Chevron is in a large head and shoulders pattern coming out of good earnigns and dividends. six days after dividends CVX starts to climb which perfectly lines up with the head and shoulders forming. Also, MACD has converged today. Price target 117 on or about March 8, possible continuation on up until march 14. Good Luck I entered today long.
Comment:
Went long, went up, sold this morning before the drop..... yeah bud.
Comment:
went up faster than I expected and didn't quite make to the target, but in this market going crazy volatile.... I'll take the gain!