Chevron Corporation - 30d expiry - We look to Buy at 157.22 (stop at 154.02)
We look to trade the current range.
156.22 has been pivotal.
Support is located at 157 and should stem dips to this area.
We look to buy dips.
The primary trend remains bullish.
Our profit targets will be 165.22 and 167.22
Resistance: 162.00 / 164.25 / 166.00
Support: 159.00 /...
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.
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...
Stock is in correction from 2015 which is a monthly Timeframe Correction...stock will seen as a breakout if stock sustain above 120 levels...after that stock expected to run to test Levels of 350 in next 3 years...95 will be stoploss for investors...
Oil prices are rising sharply as demand recovers from the economic downturn caused by the coronavirus. Chevron stock is up about 25 percent in 2021 as the company undoubtedly benefits from a global economic recovery and a rebound in tourism. The company recently reported a net income of $3.1 billion and free cash flow of more than $5 billion in the second quarter,...
$NBLX in a nice cup and handle watching for a breakout to retest that downtrend resistance line. Recent news came out with Chevron announcing to acquire them so this can see nice bullish rally coming soon with ER approaching as well. Watching for a major breakout over 13.55 and this can fly.
Key levels
Support: 12.12, 11.14, 10.02
Resistance: 13.55, 15, 16.50
Hello traders,
Description of the analysis:
Chevron corp. ( CVX ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on...
Hi there. For short term, price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
For longer term, wait for the price to hit the bottom of the bigger pattern and watch strong price action for buy.
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
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...
