Chart shows upside range of 100% from here. Everything is bullish here...clearly defined stop loss to manage the risk...textbook stuff.
I am long CVX as per S/R SAR seen. DYOR as this one is pretty low float and volatile.
If you haven`t bought CVX at my last call: Then you should know that there is still a 19% upside according to the Morgan Stanley price target. Looking forward to read your opinion about it.
The first is that the price has reached the upper line of the uptrend channel. The second is tight spreads on the January 26-27 high volume bars. Third - the White House doesn't like prices too high because expensive gasoline increases consumer spending, which lowers the president's rating. CVX stock price is at a record high because of high oil prices. But the...
Chevron Corporation ( NYSE:CVX ) Sector: Energy Minerals (Integrated Oil) Market Capitalization: 248.594B Current Price: $128.96 Breakout price: $129.10 Buy Zone (Top/Bottom Range): $119.70-$114.70 Price Target: $143.80-$145.00 Estimated Duration to Target: 154-160d Contract of Interest: $CVX 6/17/22 130c Trade price as of publish date: $7.20/contract
This one is quite beautiful. You can even see the momentum drop off on the candlesticks alone. We are going down. This move is likely to be a part of a more complex correction that started a little way back. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in...
Convex is beyond amazing here I have a spot going on from $9 but don’t mind adding again Let’s do it
it seems Energy stocks are ready to finish their correction and started a new rally! Keep them in your portfolio during high inflation times! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified...
Recently, on 11/19/2021 Morgan Stanley brokerage Boosted the Price Target for CVX Chevron Corporation to Overweight from $149.00 to $155.00. Jim Cramer also talked about a buy opportunity in Chevron shares yesterday, since they have enough money to pay the dividends for the next year, 5.36 (4.57%), and the demand for oil is still there. The Price per Earnings...
The RSI7 looks to me that its coming back down, price action was very parabolic and it has to have a pull back The WAE is looking like the way is down The Vortex5 is showing that the bears want a little action
Post 10/28 Earnings Announcements $XOM, $CVX, $PSX, $AON, $CL $XOM - Exxon Mobile Reported EPS of $2.96/share - beat estimates of $2.20/share Earnings of $6.8B vs.($296M) in Q3 FY20' Revenue of $44.7B vs $45.4B down (1.54%) YoY Operating CF of $12.1B FCF was a record-setting $6.7B Returned $3.7B to shareholders in dividends Reduced debt by $4B - bringing...
This article compares the performance of Oil-related stocks, which shows Occidental, ConocoPhillips, and Valero outperform others..! Higher oil prices will push prices higher in the next 3-6 months.
IMO is the best looking oil company chart that I could find. The weekly pattern shows the possibility of a three week test of the low. This support level includes the 40 week moving average and the .326 fib retracement level. The wave structure suggests that we may be in the fourth wave of an impulse pattern, with wave five to begin soon. Often, wave five...
Buying Oil stocks or Leveraged ETFs could be a good choice for the next 1-2 weeks: 1- NYSE:XOM 2- NYSE:CVX 3- OXY 4- NYSE:VLO 5- AMEX:UCO
Price closed above .5 fib extension and price is at near bottom of the channel. All signs point to Chevron filling the gap and reaching the top of the channel.
Holding .786 fib extension level on the 1hr. has more upside inside the wedge. I see this going up to 109.
Resistance ~99 and 200ema holding. Possible 5-wave structure ended w/ divergence. Peak $CL_F seasonality passed too $DRIP $GUSH $XOM $CVX $XLE $CL_F $USO $SCO $NG_F $UNG #ElliottWave #CrudeOil #OOTT 🛢️
The range resistance level could be broken upwards with the minimum target level around 125. The long-term target could be larger as the global high is broken. So far, the situation with oil prices is good enough.