If you haven`t bought CVX Chevron Corporation here:
Then looking at the CVX Chevron Corporation options chain ahead of earnings , I would buy the $180 strike price Puts with
2023-1-27 expiration date for about
$2.47 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Chevron looks like it is about to rollover after creating a new high, along with announcing a buy-back program.
Not really much else to say....? bye ✌️
Chevron Corporation
Short Term - We look to Sell at 162.55 (stop at 167.91)
Our outlook is bearish. The trend of lower highs is located at 166.80. A firmer opening is expected to challenge bearish resolve. Preferred trade is to sell into rallies. Further downside is expected.
Our profit targets will be 148.94 and 144.00
Resistance: 165.00 / 182.00 /...
I am a consultant for anyone who needs a consultant, I see that CHEVRON Corp will GO DOWN IN FEW DAYS when the market open
1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position
2 (When I...
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...
