Bought the 106/107 Call Debit spread and sold the 104 Put to financed it (1 day to expire). Max profit is $108. Our break even is at 103.92
On April 7, 2017, the Chevron Corporation ( CVX ) crossed below its 150 day moving average (MA). Historically this has occurred 253 times and the stock does not always drop. The stock has a median loss of 3.162% and a maximum loss of 55.271% over the next 15 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
On March 27, 2017 Chevron (CVX) crossed below the 200 day moving average (MA). Historically this has occurred 228 times. When this happens, the stock does not always continue to drop. It has a median drop of 3.615% and maximum drop of 54.094% over the next 15 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
Trend line set up 2013-2015 continued to provide support in Oct2015 but at the start of this year has broken down. Looking to short a rally.
CVX has moved up nicely and is among the stronger stocks in the XLE sector. Prices topped out in the $119 level and retraced with weak bear candles. I'm looking for a move down to the $110/$109.5 level, which corresponds to a 50% Fib retracement. Play to potential price target @ 122.50. First profit target @ $119 (Previous High).
CVX has been in a nice uptrend and is among the stronger stocks from the XLE sector. Prices reached $119 and have retreated in an orderly manner. The price target for a measured move is at the 122-123 level, so I would suspect another leg up to complete the move. I am looking for prices to retrace to the $110 level and will buy Calls. Price target is the...
I think oil is set to blast off. The indications are clear in the prices but I also think fundamentally - not based on the current ratio supply and demand of oil necessarily but in the geopolitical uncertainty that lies ahead. If the USA proceeds with "defending" the South China Sea as promised by the leadership, we will see oil prices react.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive Closings Bullish (Dow Jones Index incl. all shares) drive.google.com Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
CVY got an challenging 15min chart - no question !!! But also tradeable ... The trend channel starts more or less around 114 & 116 this week & ends around 115 & 117 more or less. But much more important is the GAP (after OPEC news while weekstart - even last monday) even between 116 & 118. `cause you can see, while last trading day (on friday) traders traded CVX...
2014 CVY was traded between 109.27 (low before ATH) & 135.10 (ATH) Important is my opinion, from the technical point of view also the fact, that the 1st Downside Wave after ATH (Aa, Bb & Cc) created a last high (C) by 120.17. And this should be also the first target into 2017 ... 1st GAP bewteen 113.14 & 112.48 2nd GAP between 112.55 & 112.07 3rd GAP...
CVX has a rising wedge that targets 104.2 Good Luck!