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CVX

CRVThe CRV projection shows bottoms likely in and we have been buying down for a very nice avg entry. Mine is somewhere around $1.30 if I am to remove all the free coins I've made trading CRV during the2021 bull market. This is a boring chart showing that we land somewhere around $6 EOY -Jan 2023 but we should expect a slow recovery here becuase USA Markets are a bees dick away from a recession and altseason is in the review mirror at this point. Likely no awesome altseason again until next BTC 1/2ing. So cowboy up and be patient. IMHO
COINBASE:CRVUSDLong
by Big_Mike716
2
$CVX CHEVRON WYCKOFF plus INVERSE HEAD and SHOULDER Pattern$CVX Chevron Corp This is one of my favorite charts because it had a clear UPTHRUST WYCKOFF DISTRIBUTION PATTERN and I was able to short the full measured move down without a sweat and share that with my friends, yay money! Chevron has completed the full measured move down on the WYCKOFF distribution pattern and is showing signs of accumulation. A few things to note below: 1. Warren Buffet loaded on Chevron. 2. Supply on oil is still low and the demand is high. The government policy on oil refineries doesn't help the supply. 3. The Russia War on Ukraine is still in full effect. (prayers) 4. Their earnings lag, however, this stock will move significantly on news that directly effects these headlines. 5. It is a dividend paying stock, I believe the news will try hard to beat it down so hedge funds can load up. Like I mentioned above, $cvx appears to be in accumulation, it has formed a decent consolidation pattern. If you zoom into the 4 hour timeframe you will find a beautiful INVERSE HEAD & SHOULDER pattern developing (flip from bars to line chart for a different view). The left shoulder shows the highest selling volume bar and checks the box of a textbook inverse H&S. However, if this pattern fails, I have setup some support levels below. This one will be on the top of my watchlist next week!
NYSE:CVX
by ChaldeaCode
Selection is not dead - and who said Growth ever was?INVESTMENT CONTEXT Lithuania limited railway cargo transit across its territory from Russia to Kaliningrad; Russia dubbed the move as "openly hostile" Russia overtook Saudi Arabia as China’s biggest supplier of crude oil. Russian crude exports to China surged 55% in May Turkey, Sweden and Finland met to discuss Turkey's opposition to the Nordic countries bid to join NATO French President Emmanuel Macron lost parliamentary majority as the country's far-right regained momentum after the Presidential elections held last April European Commission President Ursula von der Leyen warned against the bloc's "backsliding" into coal as the continent tries to weave itself off Russian gas Terra/LUNA project staff were banned from flying as South Korean authorities deepen investigations on LUNA's demise PROFZERO'S TAKE It's hard to look at the EU without feeling something disruptive is about to happen. The bloc's inflation rate is not too far from that of the U.S. (8.1% vs. 8.6%, respectively) - yet the ECB's base rate, even after the 25bps hike earlier in June, is still negative by 25bps, while the Fed is already pricing cash at 150bps. The Fed has stopped sustaining fixed income markets by not rolling over USD 30bn Treasury bonds and USD 17.5bn MBS per month - the ECB tried to walk down the same path, only to face backlash from traders which sent interest rates on the weakest countries (Greece, Italy and Spain) to fresh highs. And as Russia curtails natural gas supplies, the countries that are most exposed to energy security - notably including Germany and Italy - scramble to diversify the energy mix, stumbling upon the harsh reality that coal will attract criticism from environmental groups (and voters) while LNG supplies need re-gasification plants - whose dearth won't be made up for until 2024. Nigel Bolton, BlackRock's co-Chief Investment Officer, said on June 20 he saw "extreme valuation opportunity in European banks". ProfZero would really, sincerely like to share the same optimism - or opportunism Speaking of Europe - after dismissing blockchain assets as "worth nothing" (and therefore badly needing regulation, in a rare moment of pure pneumatic vacuum of logics), ECB President Christine Lagarde said "While the correction in asset prices has so far been orderly, the risk of a further and possibly abrupt fall in asset prices remains severe". ProfZero concurs with Madame Lagarde - absent energy security and supply strategy, foggy monetary policy (to tighten or not to tighten?) and a much feared fragmentation of borrowing costs already happening, traders are having it good shorting European assets. If only there was a strong Regulator... In the opinion of ProfZero, the market-wise breadth of June 13's collapse has a deeper structural meaning, and could in fact contain cues on portfolio construction to cross summer season: (i) Markets are not done pricing a recession, nor the Fed's and the ECB monetary policy. After the 50bps rate hike on May 5, the S&P 500 and Nasdaq plunged 3.56% and 4.99%, respectively; after the 75bps rate increase on June 15, the indexes nosedived 3.27% and 4.08%, respectively. The Fed is meeting four more times this year; current expectations are for 75bps flat increases at each meeting. Should inflation fail to be absorbed in the economy, calling for more rate increases, equities would bear the brunt of the selloffs, (ii) Investors are starting to see Value as fairly priced - possibly signaling the beginning of reversal on commodity stocks, especially in the energy space. At the same time, Growth is not dead. Apple (AAPL), Alphabet (GOOG) and Microsoft (MSFT) dropped less than 5% on average in the last month, compared to almost 15% by Occidental Petroleum (OXY), Petrobras (PBR), and Shell (RDS.A), (iii) It is still too early to construct risk positions. A clear trough has not been touched and even a touted recession has not materialized. No clear industrial path has emerged from the bear market; and without such, longs are but reckless positions. No time to cry; no time to risk either
CME:BTC1!
by ProfZero
ECB playing it cool; hope it won't have to drop it like it's hotINVESTMENT CONTEXT According to the minutes of the latest Federal Open Market Committee meeting held in early May, policymakers remarked the need to keep raising the Fed's interest rate, noting that "a restrictive stance of policy may well become appropriate depending on the evolving economic outlook and the risks to the outlook" Russia heavily cut interest rates for the second time since the beginning of the war in Ukraine, bringing it from 14% to 11% as annual inflation cooled from 17.8% in April to 17.5% as of May Thematic investment management giant Fidelity sees increased recession risk as volatility is set to persist After the collapse of LUNA, Terra project has voted to preserve the community and launch of a new blockchain, LUNA 2.0 PROFZERO'S TAKE While markets ambiguously read the minutes from FOMC meeting in May, ProfZero sees a rather coherent stance by policymakers, who won't refrain from exacerbating the already tightening monetary policy in order to tamp down inflation. What stood as a surprise to ProfZero was instead Ursula von der Leyen tone at Davos, where the EU Commission President said the EU won't be rushed into withdrawing monetary stimulus, and that supply-fueled inflation should not cause investor "panic". ProfZero concurs inflation in EU is largely imported; yet it fails to agree with Madame von der Leyen - the EU is caught between ailing growth, sticky inflation (flat around 7.5%) and threatened by massive debt loads (Italy above all). A tangle monetary policy alone may hardly undo all on its own Crude oil bull run is persisting deep into Q2, thus likely translating into yet another bumper quarter for energy majors. With Brent crude firmly above USD 100/boe and European natural gas (TTF) futures above 80 points after years below 20, ProfZero expects more good news for investors in the segment, especially in the form of greater dividend stability and buyback plans. Yet, as now several energy stocks trade at all-time highs (Cheniere, LNG; Chevron, CVX; Equinor, EQNR), ProfZero cautions against potential steep reversals should catalysts form to put a lid on prices - the ramp up in U.S. shale gas production should already alarm industry players, while on the opposite side it would play as a highly welcomed agent of deflation for economies at large When one of the world's most respected macroeconomists shares his views, ProfZero stands, and listens. Olivier Blanchard warned about swelling inflation as early as February 2021; now the former MIT Professor and Chief Economist at the International Monetary Fund (IMF) sees a "0.9 probability" the economy will return to a low-interest rates scenario, overcoming the tendency for markets to "focus on the present and extrapolate it forever". ProfZero has long been advocating in favor of keeping "cool heads" and focusing on underlying value fundamentals. Professor Blanchard would be proud to know ProfZero is really puzzled about the dynamics of semiconductor industry. One of the key commodities of the future has been in chronic undersupply for over a year. Yet, sector equities fail to impress, despite the apparent surge in pricing power. NVIDIA's (NVDA) beat on top and bottom line (USD 8.29bn revenue vs. 8.10 forecast; USD 1.36 EPS vs. 1.29) sent the stock sliding 7% in the after market, plunging it down 50% since the November 2021 peak. ProfZero well remembers how beaten energy stocks were during the pandemic, before roaring back in 2022. Is the same narrative brewing the semiconductor space?
CME:BTC1!
by ProfZero
$CVX GET READY FOR TAKE OFF!!!! BreakOut Bull Flag? Is Chevron (CVX) a Solid Growth Stock? 3 Reasons to Think " Yes " Zacks Equity Research April 13, 2022 CVX Trades from $1 Hide Full Article Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects. Chevron ( CVX - Free Report) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank. Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better. Here are three of the most important factors that make the stock of this oil company a great growth pick right now. Earnings Growth Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for Chevron is 2.7%, investors should actually focus on the projected growth. The company's EPS is expected to grow 82.5% this year, crushing the industry average, which calls for EPS growth of 71.7%. Cash Flow Growth Cash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds. Right now, year-over-year cash flow growth for Chevron is 75.2%, which is higher than many of its peers. In fact, the rate compares to the industry average of 47.7%. While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 9.5% over the past 3-5 years versus the industry average of 7.9%. Promising Earnings Estimate Revisions Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. There have been upward revisions in current-year earnings estimates for Chevron. The Zacks Consensus Estimate for the current year has surged 15.9% over the past month. Bottom Line Chevron has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This combination positions Chevron well for outperformance, so growth investors may want to bet on it.
NYSE:CVX
by clay816harris
2
PRICE STRUCTURE WITH TARGET PROJECTIONS FOR DAILY CVXUSDTTechnical analysis regarding the price of CONVEX FINANCE in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
by luizhcruz
Ascending Triangle in the XLEThe Macro trends of 2022 are no secret to any of us. Sky rocketing inflation and the war in Ukraine have lead to soaring energy costs around the world. As a result, Oil has seen a period of extreme volatility, reaching a high of closing high price of 129.44 on March 8th. As a result, the XLE has followed suit and is up about +30% year to date. Exxon, the largest holding in the XLE, reports earnings on April 29th and has expressed that the anticipate setting record profits. Buy the rumor? The XLE appears to be forming a nice Ascending Triangle, which could be suggesting a bullish continuation. The Ascending Triangle isn't a particularly strong pattern from a statistical perspective with only about a 60% chance of realizing the bullish continuation. Take it with a big grain of salt, but there is also a very slight Hidden Bullish Divergence on the MACD. Nevertheless, it warrants paying attention to as a potential swing trade. A lot will depend on what Oil does, and the fact that XOM and CVX are reporting earnings on the 29th muddies the waters a bit. However, it could offer a nice opportunity for a shot in the dark trade to the upside looking for a pop the upside in advance of the earnings. Maybe something like an OTM Call spread around the .30 delta in XLE 30 days out or so...
AMEX:XLELong
by InnerMotionTrading
2
cvx/tsla and tsla/spxLooking at oil v tsla and tsla v spx Just an observation, CVX/TLSA (top) had a double bottom at .10 - during this time, tsla made new highs relative to SPX(bottom) Interestingly tslaspx is headed towards new highs it looks like while CVX/TSLA is hovering around 0.15 The fact TSLA was 9% higher due to a stock split is laughable, and shows just how absurd these markets are. I think the trend of CVX/TSLA is just getting started...from a longterm perspective it really cant get much more exhausted and finally people are waking up to how important oil still is in context of global energy.
NYSE:CVXLong
by cornbread32
5
CVX holder applies to re-enter the game with optimistic support The Convex Finance token is released from sellers' clutches after consolidation and shows an ascending parallel channel. Convex Finance price is trading above the 20-day moving average in terms of the daily price chart. In terms of the hourly price chart, the RSI is trading bullish above a half-line (50-point) as well as on the daily time frame. Furthermore, the Average Directional Index (ADX) is spotting at 19-points, indicating a slightly bullish trend for the Convex Finance token. There is no doubt that the bulls are dominating the convex finance token trend with the help of an ascending parallel channel. For the upcoming trading sessions, CVX holders will have to manage the token price above the $24-resistance level along with the current channel. Support level - $15 and $10 Resistance level - $24 and $30
Long
by TheCoinRepublic
A potential BEARISH pattern developing for OILWhat if today's rally in crude and brent oil prices was nothing more than an oversold bounce after the hideous more than 30% decline from the prior few trading sessions? We have identified a potential Head and Shoulders reversal pattern forming on the H4 chart, which might be an indication of what is to come, but before that let's look at what did the chart tell us shortly before the sharp selloff from the $125 highs began. As you can see on the chart, there was already a smaller Head and Shoulders pattern that formed in the $107 and $127 range, with the two shoulders of the figure lining up almost perfectly at $114 per barrel and the massive head topping around the $125 highs. On March 10th we saw the initial break of the neckline of the bearish reversal formation with the subsequent retest of the neckline from below respecting it as a new resistance. Every Head and Shoulders pattern projects a potential reversal move roughly equal to the size of the Head of the formation. In this case, the Head was equal to $125 (Highest point) - $108 (Neckline) = $17. Guess what.. after breaking the neckline of the above-described figure the Oil price fell from $109 per barrel to $93 per barrel, which was precisely $16 before staging today's sharp intra-day rally. What caught our attention is that today's massive rally could be actually forming the right shoulder of a much more massive Head and Shoulders pattern, with the following parameters: Shoulders within the $100-103 range, a Head of $31 dollars and a neckline around $94. To put it simply, if the price reverses course from current levels and ends up breaking below the $94 neckline support, we might be in for a vicious sell-off that could end up taking the price below the $70 mark. Now, please keep in mind that this is a hypothetical scenario and that the figure has not yet formed. A typical entry point for a Head and Shoulders pattern is considered to be the breaking of the figure's neckline, which in this case would occur if the price drops below the $94 per barrel level on a closing basis. However, considering the effectiveness of the prior Head and Shoulders signal that we got, we wanted to share it with you.
TVC:USOILShort
by DowExperts
A midterm trade with 30% opportunity..!Entry: at the market opening price Stop loss: 10% Reward/Risk: 3 Target range: 30% Time Frame: 4-12 wks Possible gain: 30% Possible loss:10 % Position size: 5% of trading capital You can see the most important support(green line) and resistance (red line) levels. Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NYSE:CVXLong
by Moshkelgosha
CVX price attempts to break the 0.618 level of Fib retracement The Convex Finance Token price is trading near the lowest level ever at $16.10. The Convex finance price is moving towards the half-line of Bollinger Bands indicator in terms of the daily price chart. The daily CVX token price is trading below the half-line of Bollinger bands indicator in terms of the daily price chart. According to Fib retracement, the CVX investors are gathering the value to jump above the $21.50 (0.618-level of Fib). Above the following level, buyers may again face a pullback near $30-crucial resistance. The Stoch RSI is signaling the soft bullish indication for the Convex Finance token where the k is at 67-mark, and the D is at 46-mark, and the indicator broke the falling trendline (green). Moreover, the EMA Ribbon reflects the extreme bearish indication for the short-term period. Convex Finance Token appears to be in a retracement phase. If the bulls breach the $21.5 bull market barrier with a significant amount of market volume, we can expect the bulls to move towards $30. If the bulls fail to sustain the price, they could end up in a bloodbath. Support level - $15 and $10 Resistance level - $23 and $30
by TheCoinRepublic
1
CVXUSDT One Resistance to beat before Fib gap fillingCVXUSDT is trading within a Channel Up on the 4H time-frame since the January 27 bottom. On Feb 16 and 09 it got rejected on the 31.00 Resistance, which is currently the level to beat in order to turn bullish on the longer term. Even though it has also been rejected on the 4H MA200 (orange trend-line), the important of the 31.00 Resistance is so established that I believe if it breaks, the Channel Up Higher Higher will also break and CVXUSDT will fill the first Fibonacci retracement level (0.382) at 37.55. A 1D closing above it should bring a bullish extension on the 0.618 Fib (47.30) and naturally a complete recovery at 63.00 should occur next on the long-term despite the usual profit-taking pull-backs in between. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
3
XOM- USO oil overdone!The oil trade has the masses crowding the same trades banks and energy up 26% in 5 weeks. Considering the economic data, the start of a bear market, slowing economy, possible rate hikes and the shift to EV oil got way ahead of itself and I would expect a 12-15% correction in the coming weeks. Some would look at this chart and call a breakout, I think an 8 year high in oil going into a slowing economy is reminiscent of 2008 when oil hit $151 intraday was a blowoff top, the same time Goldman Sachs was pounding the table predicting $250 a barrel oil, within a couple months later oil hit $35. I think as usual the crowd is wrong here and I am usually a contrarian on everything! BTW, Feb 9th is XOM ex-dividend date so likely the stock will remain artificially elevated until then. GL
NYSE:XOMShort
by ShortSeller76
4