Chevron (CVX) up to 123.87
Channel Up identified at 19-Jun-2019 16:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 123.87 within the next 9 hours.
Should we expect a breakout or a rebound on Chevron?
The movement of Chevron towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Chevron (CVX) up to 123.50
Rising Wedge identified at 17-Jun-2019 18:30 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 123.50 within the next 2 days.
Chevron (CVX) excessive bearish movement
Chevron experienced 4 consecutive bearish candles. Possible bullish price movement to follow.
Chevron (CVX) up to 123.50
Rising Wedge identified at 13-Jun-2019 14:30 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 123.50 within the next 2 days.
Chevron (CVX) excessive bearish movement
Chevron experienced a 7.18% bullish movement in the last 11 days.
What’s going on with Chevron?
Those of you that are trend followers are probably eagerly watching Chevron to see if its latest 7.18% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 12 days move. Did you know that our social media feeds are updated only 3x per day, and […]
Breach of important price line imminent by Chevron
Chevron is moving towards a line of 122.54 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Chevron continues in its current trajectory, we […]
Chevron (CVX) down to 117.12
Channel Down identified at 28-May-2019 16:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 117.12 within the next 14 hours.
Chevron (CVX) up to 122.32
Rising Wedge identified at 20-May-2019 18:30 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 122.32 within the next 2 days.