We wait for it to bounce back Support at $152.06 Resistance at $153.89
Big tech stocks have gotten a lot of attention lately, but another theme has been cyclicals rallying off intermediate-term lows. Some of June’s bigger gainers, like Carnival and Delta Air Lines, advanced from these patterns. Today’s idea considers whether Chevron could follow a similar path. We’ll start by identifying the two potentially key ingredients preceding...
A price action above 155 supports a bullish trend direction. Further bullish confirmation for a break above 160. The target price is set at 165 (its 200-day simple moving average). The stop-loss price is set at 153. The concept of price stability is highly attractive and desirable in the realm of this stock.
No confirmation yet We make a move if it breaks $158.58 Or declining to $155.20
Chevron Corporation - 30d expiry - We look to Buy at 150.33 (stop at 146.33) 150 continues to hold back the bears. We look to buy dips. 149.91 has been pivotal. 149.74 has been pivotal. This is currently an actively traded stock. Our profit targets will be 160.33 and 162.33 Resistance: 155.00 / 157.00 / 160.77 Support: 152.00 / 149.74 / 148.00 Please...
NYSE:CVX has been recently undersold the past few days, unfortunately I do not see a bullish 38.2% candle (hammer candle) unlike how I saw it on the recent small bull run, the price of the stock has hit a low-ish 52 week low at $150~ compared to the $130~. Liquidity is sitting on it's current price and at ~$170. I am aiming for $160 and will sell, I also have my...
Not in accumulation mode, not even close Hopefuly next week it's price close above $158.68
Harmonic has hit target 1 on a type 1 reaction, completed a type 2 return, gearing up for a longer-term reversal here to T2 on a type 2 reversal for this summer to the upper fibs noted by green target area. Stop below the nominal local lows.
It was hard to break $158.58, previous week. Hope next week will be better. Short it, if it breaks $155.20
I think oil is going up and energy will follow. Bough a bunch of calls.
The PEAD projected a neutral outlook for NYSE:CVX after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 40%.
Chevron broken H&S neckline, retesting and holding as resistance, look left PT 104 last area of consolidation, also vol profile shelf. Risk to Reward favors a trade risking a daily close above neckline recovery
A flag like formation. This could either break out really nicely. However if it doesn't break out it is out of the fault of a double top.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 159/61.80%
Hi every one you can invest in chevron corporation to get good profit If you plan buy then you can best return ask anything if you want to know more
An idea for CVX showing similar double bottom formations in a strange sort of inverted H&S way. If you do consider this a H&S we just experienced the right shoulder, following this is a bullish period, hence my continuation assumption in green bars pattern. Thicker Trendline is a longer term trend line
I'm bullish on WTI and the energy sector in general at this level. I like Chevron which is close to my buy point for a fifth wave to new highs. Chart pretty much says it all. Wait for it. It needs to find at bottom at the confluence of trendlines on the chart. I'll update as needed in the near future
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 158/61.80%