Moving into now. CVX is in a weakened position, will of course oil , slumping...but also strong dollar exposure. CVX has a bunch of big gas projects overseas (Australia) and the strong dollar, weak gas, and high execution cost overseas may just be the drag to break it to the down side.
is nice here...strong buyers at the bottom of the , no one wants it at the top of the .
Should crash down to $100 at and get support with strong dividend buyers
If you love the long term $100 is a great place to buy.