Chevron (CVX) (January 29th 2021 through July 2021)
Low: $71-$74
High: $93-$94
Took a look at this the other night for Cindicator, finding some interesting things in the current patterns since March 2020.
I think Chevron might report a positive guidance today in their Q4 2020 reports, but if not, perhaps the most recent reports and the next one in 3 months could help confirm potential long or short summer 2021 targets. For some reason I get the feeling the EPS will not outperform analyst expectations of $-0.08 today but that could be totally short sighted.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $71-$74
High: $93-$94
Took a look at this the other night for Cindicator, finding some interesting things in the current patterns since March 2020.
I think Chevron might report a positive guidance today in their Q4 2020 reports, but if not, perhaps the most recent reports and the next one in 3 months could help confirm potential long or short summer 2021 targets. For some reason I get the feeling the EPS will not outperform analyst expectations of $-0.08 today but that could be totally short sighted.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!