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CVX

If it receives support at 2.179-2.862, it is time to buy Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (CVXUSDT 1D chart) The key is whether it can receive support near 2.835-2.862 and rise above 3.267. Since the StochRSI indicator is showing signs of entering the overbought zone again, if it does not receive support near 2.835-2.862, 1st: 2.472 2nd: 2.179 It is expected to fall to the 1st and 2nd levels above. Since the HA-Low indicator of each chart is located in the 2.179-2.862 range, if it is supported within this range, it is a time to buy. The fact that the HA-Low indicator was created means that it has moved out of the low range. - Since the HA-High indicator of the 1W chart is formed at the 3.267 point, if it is supported at this point, I think that a full-scale uptrend is likely to begin. However, since the M-Signal indicator of the 1M chart is passing around 4.086, the point to watch is whether it can rise above this point and maintain the price. - If it falls below 2.179, you should check whether it is supported when the HA-Low indicator is created again and determine whether trading is possible. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
Warren Buffett’s New Investments & Full Berkshire Portfolio ScanHi, In today’s post, I’ll discuss Buffett’s latest moves, which led me to analyze Berkshire Hathaway’s entire portfolio. I’ve identified 10 interesting stocks - two of them are here on TradingView, while the rest are available on my Substack (ENG) channel. You can find the link in my bio by clicking the Website icon or simply copy/pasting it. First, the latest moves: In Q4 2024, Warren Buffett, the legendary investor behind Berkshire Hathaway, made bold portfolio adjustments. His firm entered a new position in Constellation Brands (STZ), a leading beer and spirits maker, and increased stakes in Domino’s Pizza (DPZ), Pool Corp (POOL), Occidental Petroleum (OXY), and Sirius XM (SIRI). At the same time, Berkshire significantly reduced its holdings in Bank of America (BAC) and Citigroup (C), while exiting Ulta Beauty (ULTA) completely. After aggressively trimming its Apple (AAPL) stake earlier in the year, Berkshire left its position unchanged in Q4. New Investments and Increased Positions + Constellation Brands (STZ): New 1B investment in the beverage giant behind Corona and Modelo. + Domino's Pizza (DPZ): Nearly doubled its stake, adding $550M—betting on continued growth. + Pool Corporation (POOL): Increased holdings in this niche but promising leisure and home improvement play. + Occidental Petroleum (OXY): Expanded to 264.2M shares, maintaining a bullish oil and gas stance. A separate filing earlier this month revealed Buffett added more in February + Sirius XM Holdings (SIRI): Added 5M shares, bringing ownership to 35%, reinforcing confidence in media. Reductions and Exits - Bank of America (BAC): Cut stake by 15%, selling 95M shares, reducing ownership below 9%. - Citigroup (C): Slashed holdings by 75%, offloading 40.6M shares worth $2.4B. - Ulta Beauty (ULTA): Fully exited, reallocating capital elsewhere. Technical breakdown Considering Buffett’s latest portfolio moves, I decided to analyze all Berkshire Hathaway stocks from a technical perspective. While Buffett is known for his long-term fundamental approach, the key question is: - Are there any technical setups that allow us to follow his investments? - Do any of these stocks present strong breakout opportunities or key reversal points? I reviewed the charts and found several interesting setups. Here are my findings. 1. Occidental Petroleum (OXY) Sector: Energy – Oil & Gas Exploration and Production Berkshire Hathaway’s Holding: 264.2 million shares (~27.2% ownership) Portfolio Weight: Approximately $12.8 billion (4.7%) Occidental Petroleum is a leading oil and gas producer, primarily operating in the U.S., Middle East, and Latin America. It also has a chemical division (OxyChem) and is investing in carbon capture technologies for sustainable energy. From a technical perspective, I have been watching this stock for a long time, waiting for the right setup. I avoided recommending it in 2023–2024 due to a strong downtrend line that has consistently acted as resistance. This trendline has been a game changer in previous price movements, leading to repeated selling pressure. Looking at the bigger picture, the liquidity grab in 2020 and the rally that followed signaled a potential shift in a trend. While breakouts from major downtrends take time, I focus on timing my entries as close to perfect as possible. We saw strong momentum in 2021 and 2022, followed by a current controlled pullback. My key area remains between $40 and $50 - a historically significant level that aligns with the current price structure. Now that OXY is inside this zone, the technical conditions suggest a solid opportunity to follow one of Buffett’s latest moves. 2. Diageo plc (DEO) Sector: Consumer Non-Durables – Alcoholic Beverages Berkshire Hathaway’s Holding: 227,750 shares (~0.03% ownership) Portfolio Weight: Approximately $24.5 million (~0.01% of the portfolio) Diageo plc, a British multinational company, is a global leader in alcoholic beverages, boasting a diverse portfolio that includes renowned brands such as Johnnie Walker, Smirnoff, Baileys, and Guinness. From a technical analysis standpoint, DEO has experienced a gradual decline of over 50% from its all-time high, positioning the stock inside my marked support zone between $90 and $110. Key technical factors: - Historical Support: around $90, which previously acted as a strong resistance and later served as minor support after the breakout. - Liquidity Considerations: The area just below $100 can acted as a liquidity zone, potentially serving as a strong support level. - Fibonacci Retracement: Applying the Fibonacci retracement from all-time lows to highs indicates that the 62% retracement level aligns within this zone, adding credence to its significance. I don’t use it as much as before since drawing from midpoints doesn’t provide a strong edge. However, when aligned with all-time lows or highs and matching my marked area, it becomes a solid factor in my criteria. Given these technical indicators, the $90 to $110 range emerges as a potential reversal zone. Within this, the $90 to $100 segment appears particularly robust. Investors should monitor this area closely for signs of a trend reversal or consolidation, which could present a strategic entry point. ------- These are just two of the 10 stocks I found interesting in Berkshire Hathaway’s portfolio. If you want to see the full breakdown and my take on the rest, head over to my Substack (ENG) channel. You’ll find the link in my bio under the Website icon, or you can copy/paste it directly. See you there! Cheers, Vaido
NASDAQ:AMZNLong
by VaidoVeek
#CVX/USDT Ready to launch upwards#CVX The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards We have a bounce from the lower limit of the descending channel, this support is at a price of 2.85 We have a downtrend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 3.15 First target 3.26 Second target 3.41 Third target 3.61
Long
by CryptoAnalystSignal
Crude Oil LongWTI's price broke through the 200-day MA. In the next few days, we should also see the breakup in the 50-day MA versus the 100-day MA. Energy stocks will benefit from the price swing in Q1 2025. Look at XOM, BKR, CVX The Chinese government's introduction of ultra-long special government bonds to boost infrastructure spending and consumer demand has heightened expectations for increased oil consumption. Saudi Arabia and OPEC+ have continued their production cuts, tightening supply. Saudi Arabia raised the price of its flagship Arab Light crude for February by $0.60 per barrel. The outlook for February 2025 is bullish for oil. We should expect continuing supply constraints. OPEC+ production cuts and sanctions on major oil producers like Iran and Russia are expected to persist, maintaining a tight supply environment. The incoming Trump administration's potential tightening of sanctions on Iran could significantly reduce Iranian crude exports, further constraining supply.
NYMEX:CL1!Long
by IrinaTK
Major Price Movement Incoming for CVX!Signalist has detected a precise pattern in NYSE:CVX trading activity, signaling that a substantial price movement is imminent. This isn’t a random fluctuation—it’s a carefully analyzed precursor to a significant market event. 📅 What to Expect: ⌛ Timeline: Anticipate a major move within the next 1 to 4 upcoming 3-hour candles. 📈 Monitor the Charts: Keep an eye on CVX’s price action over the next few candles. Prepare Your Strategy: Whether you’re bullish or bearish, have your trading plan ready to capitalize on the move.
NYSE:CVX
by SIGNALIST_indicator
CVXUSDT %184 Daily Volume Spike! Strategic Blue Box LevelsCVXUSDT has shown a 184% daily volume increase , highlighting heightened interest in this asset. You may have noticed that my blue boxes are progressively moving lower. This is a conscious decision , as the current market conditions demand targeting only highly meaningful levels to justify taking risks. Key Points: Volume Spike: A 184% increase indicates elevated activity in CVXUSDT. Blue Box Strategy: Positioned at significant demand zones to minimize unnecessary risk. Confirmation Indicators: I use tools like CDV, liquidity heatmaps, volume profiles, and volume footprints to confirm trades at the blue box. Learn With Me: If you want to master how to use CDV, liquidity heatmaps, volume profiles, and volume footprints to pinpoint accurate demand zones, just DM me. I'd be happy to guide you! Reminder: Be aware of the market's current state and approach it with caution. Successful trading relies on meaningful levels and robust confirmations. If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you! Wishing everyone success in their trades. If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you! I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Long
by XU99
Chevron: Progress!Chevron has dropped decisively, significantly advancing our primary scenario. In this scenario, we expect the ongoing turquoise wave 2 to find its low just above the support at $135.37, which should set the stage for fresh upward movement. In the meantime, the probability of our alternative scenario has been reduced to 32%. Still, the possibility of an already established low of the turquoise wave alt.2 and, thus, a direct breakout above the resistance at $166.91 should be considered.
NYSE:CVX
by MarketIntel
Chevron (CVX): Bottom in Sight?Chevron ( NYSE:CVX ) has maintained a wide range between $167 and $137 since March 2022, with one notable push above this range likely corresponding to the completion of wave 3. The focus is now on identifying the wave 4 bottom, which we anticipate to form between the 50-61.8% Fibonacci retracement levels, or $128–$113. This range is supported by key technical indicators, including a High Volume Node Edge and a Point of Control (POC) within this area, adding significant confluence. From a macroeconomic perspective, Chevron faces challenges from declining crude oil prices, which is impacting investor sentiment. Despite a brief surge in oil-and-gas stocks following Donald Trump’s victory, this momentum has not sustained across the sector. Broader bearish factors such as weak Chinese demand, global overproduction, and OPEC’s indecision on further cuts add to the uncertainty. Bullish bets on oil due to geopolitical tensions have largely underperformed over the last two years, further pressuring the commodity and Chevron. Should NYSE:CVX reclaim the range high at $167, it could signal a trend reversal, suggesting the wave 4 bottom may already have formed at $135.55, the last significant low. However, if the resistance holds, further downside into the targeted area seems likely. We will continue monitoring how global tensions, oil price fluctuations, and broader market conditions impact Chevron’s performance. Until then, patience is key as we await a clear signal.
NYSE:CVXLong
by freeguy_by_wmc
CHEVRON Ideal sell at the top of the 2-year Channel Down.Chevron (CVX) has been trading within a long-term Channel Down since the November 14 2022 High (almost 2 years). The price is currently on a 4 week rejection streak on the 1W MA50 (blue trend-line) but despite the selling pressure, it closes every 1W candle flat, refusing to decline. This is most likely the same accumulation/ pull-back phase that the previous two Bullish Legs went through upon testing the 1W MA50. They both eventually broke it and peaked at the top of the Channel Down. We expect a similar peak within the 1W MA100 (green trend-line) and the 1W MA50. Once the 1W RSI also peaks and starts reversing (red arc), we will sell and target 132.00 (just above the 1.236 Fibonacci extension). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:CVX
by TradingShot
Chevron (CVX) Stock Rallies Amid Middle East TensionsChevron (NYSE: NYSE:CVX ), along with other energy giants like ExxonMobil and ConocoPhillips, has been making significant gains as oil prices surge due to heightened tensions in the Middle East. The geopolitical instability, particularly Iran’s missile strike on Israel, has raised concerns over potential disruptions in global oil supplies, driving up crude prices and, consequently, energy stocks. Overview Brent crude, the global oil benchmark, rose 2.8%, reaching $75.59 per barrel, while U.S. West Texas Intermediate (WTI) futures surged nearly 3%, pushing prices close to $72 per barrel. This sharp increase in oil prices reflects market fears of supply constraints as the conflict in the Middle East escalates. Given Iran’s role as a major oil producer, accounting for about 5% of the world’s total output, any prolonged conflict could have significant ramifications for the global energy market. Investors have responded to these concerns by flocking to energy stocks, with Chevron’s stock gaining 1.6% in premarket trading. Chevron’s rise is also supported by its recent $53 billion acquisition of Hess (HES), which positions the company for long-term growth in the energy sector. The acquisition further strengthens Chevron’s portfolio by expanding its presence in key oil-producing regions, such as the prolific Guyana oil fields, adding to its already robust operations. Despite the surge in oil prices, Chevron (NYSE: NYSE:CVX ) is also benefitting from strong market fundamentals. The company’s strong year-to-date performance is reflected in its 20% gain, showcasing investor confidence in the long-term viability of energy stocks amid ongoing geopolitical challenges. Analysts have pointed to Chevron’s disciplined capital spending, robust cash flow, and strategic acquisitions as factors bolstering its resilience during volatile market conditions. Technical Analysis From a technical perspective, Chevron’s stock is showing positive momentum. As of Wednesday, NYSE:CVX is up 0.71%, with shares trading above the 50-day moving average, signaling strength in the current uptrend. The stock’s relative strength index (RSI) currently sits at 62.21, approaching the overbought region, indicating strong buying pressure. Investors should closely monitor the RSI, as a move above 70 could signal overbought conditions, possibly leading to a short-term correction. Chevron (NYSE: NYSE:CVX ) has been trading in line with the broader energy sector, benefiting from rising oil prices. The stock is following a bullish pattern, breaking above key resistance levels and trading near recent highs. The 50-day moving average (MA) provides critical support, indicating that Chevron's bullish momentum is likely to persist unless a significant downside event occurs. Investors looking to capitalize on the stock’s strong uptrend should keep an eye on Chevron’s RSI and other momentum indicators, as the current trajectory suggests continued strength in the energy sector. Geopolitical Uncertainty Driving Oil Prices The ongoing conflict in the Middle East, especially Iran's involvement, has introduced heightened volatility to the energy market. The potential for broader conflict in the region raises the risk of supply disruptions, further fueling upward pressure on oil prices. UBS Global Wealth Management’s CIO Mark Haefele noted that positions in oil could act as a portfolio hedge against a worsening crisis in the Middle East, making energy stocks like Chevron an attractive option for risk-averse investors. Moreover, while the firm’s base case is not for an all-out war, the potential for sustained tensions could continue to impact oil prices, benefitting energy stocks. Investors should also consider the broader market implications, including the potential for higher inflation driven by rising energy costs. Conclusion While Chevron’s stock may experience fluctuations in the near term, the overall outlook for the energy sector remains strong, supported by both technical and fundamental factors. As global energy markets brace for further volatility, Chevron is well-positioned to navigate the challenges ahead and deliver long-term value to its shareholders.
NYSE:CVXLong
by DEXWireNews
Comprehensive Analysis of Chevron (CVX) - 16/09/2024Chevron (CVX) is an established energy company listed in the S&P 500 index. Technical Analysis: I use moving averages as zones rather than lines. On the weekly chart, I applied the 200 EMA and 200 SMA, shading the area between them in orange to create a moving average zone. Currently, prices are finding support in this zone on the weekly chart. Additionally, the $140 level acts as a demand zone and creates confluence. On the daily chart, the ATR-based Keltner Channels are touching the lower band, indicating that downside volatility has reached its natural limits. There is also a bullish order block present. On the 4-hour chart, I use the Inverse Fisher RSI. It filters out noise and provides fewer false signals compared to the standard RSI. On the 1-hour chart, there is a noticeable decline in volume. Remember, without volume, it is difficult to break through support or resistance levels. From a technical standpoint, different timeframes are giving BUY signals. Fundamental Analysis: The company has a price-to-earnings ratio of 13.81, which is considered normal for the sector. In the last quarter, Chevron reported total revenue of $49.66 billion and a net profit of $4.43 billion, resulting in a 9% profit margin, which meets my no-loss rule. Chevron has strong return on equity, and growth continues. Its current ratio is 1.16, meaning its short-term assets exceed its liabilities, indicating financial stability. The price-to-book ratio is 1.60, which is excellent for a company of this size. Chevron's total assets stand at $260 billion, while total liabilities are around $100 billion, meaning the company's debt-to-assets ratio is 38.51%, which is highly acceptable. The company’s annual dividend yield is 4.55%, providing a potential bonus for long-term investors. With CVX trading near its 52-week low and showing positive signals, it could be a good choice for portfolio managers.
NYSE:CVXLong
by Trader-Berke
Is oil signalling a recession? Oil has really started to free fall. The death cross on the daily chart has occurred. this is where the 50 MA intersects with the 200 MA in a downtrend. This often implies more downside to the medium and long term but is often a great short term long signal. Usually when you get this signal the market makers bounce the stock or commodity a bit before taking it lower. We are hitting a massive multi year trend line going back to 2022 that should act as some support. XLE looks ready for 1 more down leg before a swing tradable low is in. Energy does have a tendency to fall precipitously so understanding oil can keep falling if investors fear the worst or a recession.
AMEX:XLE
by Trading-Capital
5
CVX Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: CVX recently hit its all-time low at $1.80, where the support trendline is holding the price. The chart shows an expanding triangle pattern, while the RSI is forming a bullish divergence, suggesting that the price may accelerate toward the resistance trendline. Key levels: - Support/Accumulation: $1.6 to CMP. - Resistance/Target: $4. - Higher Target: $7.5. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
Chevron (CVX): Approaching a Critical Support ZoneIt's been a while since we last analyzed CVX, but we’re now approaching a very important area on the chart. You might wonder why we’re focusing on the weekly chart instead of the daily. The reason is simple: sometimes you need to zoom out to get a clearer perspective, and in this case, the weekly chart holds far more significance than the daily. There’s no point in searching for entries on the daily when the more crucial entry level on the weekly is just below. We’re looking to find support at the HVN POC (High Volume Node Point of Control) at $117, which would also serve as a retest after the last breakout in 2022. We’re still determining the best way to place a limit order at this level, but for now, we’re waiting on the sidelines with alerts set and a light game plan ready.
NYSE:CVXLong
by freeguy_by_wmc