Chevron ( NYSE:CVX ), a prominent player in the energy sector, is embarking on a transformative journey with the launch of its $500 million Future Energy Fund III. This strategic move by the company's venture capital arm reflects a broader industry trend as oil majors pivot towards sustainable, low-carbon technologies in response to mounting pressure to address...
#CVX The price is moving in a downward channel on a 4-hour frame, about to break upward We have an uptrend on the RSI indicator about to occur. Bounce up We have a higher stability moving average of 100 Entry price is 4.16 The first goal is 4.30 The second goal is 4.60 The third goal is 4.95
Reasons for bullish bias: - Safe entry at breakout for confirmation - Price bounced from strong support - SL below support Entry Level(Buy Stop): 155.04 Stop Loss Level: 139.16 Take Profit Level 1: 170.92
Prepare to delve into the fascinating realm of Elliott Wave theory as we unravel the intricacies of ConvexFinance (CVXUSDT). The allure lies in a captivating shift in trend, marked by a decisive breakout above the long-term downtrend trendline. While some may perceive the current wave as the completion of an ABC corrective pattern before an inevitable downturn,...
#CVX The price has been moving in a perfect head and shoulders pattern since last May We are now in the stage of forming the right shoulder of the model Current price 3.58 First goal 4.125 Second goal 4.61 Third goal 5.063 Which represents 185% of the current price
🚀 CVX Rocket: A Journey into the Stars! 📈🚀 Hello Fellow Traders! 👋 CVX is on our radar, and it's poised for an exhilarating journey. Here's the scoop: 🎯 Targets in Red and White: Zoom in on those red lines – they're your targets! But wait, there's more! The white trend lines unveil additional targets, offering a comprehensive roadmap. 🔄 Supply Check: With a...
The Chevron stock price has established the low of the blue wave (b). Going forward, the blue wave (c) should now push the stock above the resistance at $158.99, so that the overarching wave (a) in magenta can be completed there. The next step should then see a significant sell-off. However, there is a 37% chance that the price will set a new low with the blue...
#CVX Price Update: After a successful breakout from a level marked, we will see massive gains. We could take entry after a 1-hour candle close above the marked level. Always use stop-loss. Everything is on the chart. Entry 4.994 S.L 4.683 T.P1 5.193 T.P2 5.460 T.P3 5.675
NYSE:CVX has lost support at the light blue resistance line, and this light blue trendline has flipped into resistance. CVX is trading above a yellow support level at $131.47. There is neutral price action here, and I think CVX doesn't have a clear direction for now. I would look for buy opportunities at or below the yellow trendline if CVX starts trending down,...
#CVX The price is moving in a descending channel on a 4-hour frame Supported by the breakout of the Moving Average 100 and bullish momentum It is expected that this descending channel will be broken upward Current price 3.36 First goal 3.42 Second goal 3.56 Third HDQ 3.73 Fourth HDQ 3.88
CVX today dropped suddenly for unclear reasons. The possibility of a Israeli - Hamas War cease-fire may have led to expectations that oil prices would fall as the shipping quagmire in the Red Sea might stabilize. Later in the day OPEC+ announced a raised target of $ 1.00 per barrel higher which on balance seems to be an offset maneuver. CVS in the ...
CVX is very bullish in our view. A large diametric is finished. CVX is expected to pump more soon. Note that the wave that CVX is in now is very valuable. We have a flip zone on the chart, as long as this zone is maintained, the targets specified on the chart are available. Closing a daily candle below the flip zone will violate the analysis For risk...
#CVX On a 4-hour frame, a perfect head and shoulders pattern We are about to break the right shoulder higher We have strong upward momentum that the price is expected to continue rising Entry price 3.024 First goal 3.08 Second goal 3.188 Third goal 3.287
#CVX The price is moving in a descending triangle on the 4-hour frame We have oversold conditions on the MACD indicator We have a downtrend, and by breaking it, we have a good rise Current price 2.74 The first goal is 2.86 Second goal 3.04
In a year marked by turbulent oil prices and global economic challenges, Chevron (NYSE: NYSE:CVX ) showcased remarkable resilience, delivering a record windfall to its shareholders in 2023 despite a substantial dip in quarterly earnings. The second-largest U.S. oil company reported a net income of $2.3 billion, a 65% decline from the previous year, attributing...
If you haven`t bought the dip on CVX: nor sold the Double Top: Then analyzing the options chain and the chart patterns of CVX Chevron Corporation prior to the earnings report this week, I would consider purchasing the 140usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $9.30. If these options prove to be profitable...
Pretty good calls on the following: (see our profile for more info) The US #Dollar maintains its upward trend. The 10yr #yield is also looking pretty decent. The 30 Yr bottomed before the others and has been leading #interestrates. #OIL broke downtrend and has been looking better.
Oil has been creeping up lately. Today it triggered a bullish intraday pattern. This intraday pattern if completes, sets up for a larger bullish daily chart pattern. If this breakout in oil happens were going to see some energy stocks make moves liek the Semiconductors did today. Many names like RIG, XOM, HAL, XLE put in daily bottoming tails. Some energy...