1. After a rally, Chevron completed a figure wich I find like a head & shoulders pattern. Two lower highs after the high of the head.
2. Oil is in a strong downtrend.
So I expect
CVX to go down in the next days.
Enter tomorrow at market.
Target: 164.50
SL: problem, too far. Maybe, put it slightly above the neckline at 176.00.
2. Oil is in a strong downtrend.
So I expect
CVX to go down in the next days.Enter tomorrow at market.
Target: 164.50
SL: problem, too far. Maybe, put it slightly above the neckline at 176.00.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.