CVXCVX has been a leader in the energy sector. With the recent sell off the energy names, it would interesting to look at CVX. Lets see how it acts in this area. XLE already broke the 200 day. Looking for a potential short in the retest areas overhead. by jamespwu114
CVXPrice close to the trend line, but still sliding down. Break of the falling line would be good opportunity to buy. First target 119.00Longby ForexTrade4
CVX - Swing Trade LongCVX has moved up nicely and is among the stronger stocks in the XLE sector. Prices topped out in the $119 level and retraced with weak bear candles. I'm looking for a move down to the $110/$109.5 level, which corresponds to a 50% Fib retracement. Play to potential price target @ 122.50. First profit target @ $119 (Previous High). Longby TradingBandito06Updated 1
CVX Swing Trade LongCVX has been in a nice uptrend and is among the stronger stocks from the XLE sector. Prices reached $119 and have retreated in an orderly manner. The price target for a measured move is at the 122-123 level, so I would suspect another leg up to complete the move. I am looking for prices to retrace to the $110 level and will buy Calls. Price target is the previous high of $119 and the MM target of $122. Good Hunting!Longby TradingBandito06Updated 222
Bearish Head&Shoulders FormedCVX is one of the most bullish stocks I have seen so shorting this will be tough but a head and shoulders has formed and support has been broken by a bearish candle with good volume. I think the stock will retest the neck line for an entry and then trade down to the 200-simple. Here is the setup Trigger: 99.36 Stop:101.01 Target 1:96.07 Target 2: 92.93 ***Thoughts***My thoughts on CVX is that when gas was trading around this same price last year the stock was trading around 85-90/per share. It has had a bullish run up for the summer which was predicted in an early post you can link to below but I think the stock price comes down with the less travel demand. CVX is also keeps financing the dividend with debt which I believe is a bad idea. If oil doesn't move up, CVX will have to lower the dividend. If this happens I believe we see 2015 Lows. I will be a buyerShortby the_get_manUpdated 0
2 Trend are with youBoth the big one and the small one are running in the same direction. I Think we will see prices above 120$Longby Broker114
CVX @ daily @ closed higher last 3 trading days every dayThis 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 :) Aaronby Devise2Day11
CVX @ 1h @ will the 116 & upside trend (since end of oct) hold ?Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaronby Devise2Day17
SELL SET UPWe have a nice bat pattern in development on weeekly time frame. it would be a good idea to sell when price reached d point.Shortby pablo82113
CVX @ 15 min @ GAP (116 & 118) should be a recreational poolCVY 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 in something like a breakout-formation (two times higher highs & higher lows) - but under weekly high from monday. And from thuis point of view, i am wouldn`t wondering if CVX the GAP develop to something like a recreational pool next week (between 116 & 118) ... Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a analysis (for swing traders) - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... With swing trading i mean (in this context) until end of this trading week :) Best regards AaronLongby Devise2Day19
CHEVRON @ 15 min @ last big Resistance around 109.27 left behind2014 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 between 111.28 & 110.64 These are all buying oppurtunities - this week & next week. Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron Longby Devise2DayUpdated 10
CHEVRON @ Daily @ 1st Close above 2015 Yearly HighMaybe the most interesting technical picture of all DOWI shares !? How ever, this week was very exciting - very volatile and created an ambitionaly SetUp ... 113.29 CVX closed @ todays Thursday Trading Day 112.98 CVX was Yearly High 2015 107.68 CVY was Yearly High 2016 (before Trump Election) Actuallity Trading Box (last 2 trading days) is the way to go - even the SetUp TradingBox, if i am not wrong (between 114.91 & 111.27) ... Above 114.91 i would prefere the long side into year end 2016 with a target of > 120.31 (zoom chart for a better technical understanding) - & the Sentiment should also be not against (emotional resistances) energy stocks Take care & analyzed it again - it`s always your choice ... Best regards Aaronby Devise2Day8
An attempt to see Chevron in big PictureWe can see a very nice Impuls in five Wave up. Now we could be in Wave B. Wave C could be a lot deeper. Look at the Proportions of Fibo Levels. Its like Magic! Even we are at this nice CL which is now a kind of resistance. Let us see in a few Month what happend. Shortby climber76Updated 2
SELL SETUPAB=CD pattern has been completed on 4hr timeframe. It would be a good idea to sell from yellow zone box with SL above it and target as per chart.Shortby pablo821
CVX is holding $100, but for how long?Technically Speaking CVX is holding the $100ish pivot level. The longer it holds the more likely the next move will be to the upside. Fundamentals Here is a company summary. What to do? First, is this a trade or a long-term holding? What is YOUR time frame? You have to decide. The R/R favors the long side, in my opinion. A long position here, stopping out under 96.00. Checklist Should I buy? * Is this a technical trade or part of my long term holdings. Establishing a time frame is very important. * Is it trading at an important technical level that is obvious to all market participants? * Is the R/R in your favor? * What is the likelihood this company will either go bankrupt or it's products or services become obsolete? * How much debt do they have? * If heavily indebted, how much is coming due in the next 3-5 years? Can they cover their debt payments based on reasonable analysis? * Will their product or service become obsolete? This really is too hard to say, too many things looked obvious in hindsight, think Blackberry. However, I think it is constructive to think about, especially if you are planning to hold a stock for the long term. Risk * For individual securities, risk no more than 3% as a starting position. You can always add later. * Write down a price level that you will consider liquidating all or part of the position. * What is a reasonable price target? Execution * After going through the checklist above, are you still willing to risk your money? If yes, TAKE THE TRADE. OVER THE LONG TERM, THE WAY TO WIN IS TO HOLD ONTO YOUR WINNERS, AND CUT YOUR LOSERS. IT IS AS SIMPLE AND AS HARD AS THAT. by CalebDismuke1
535 zigzag ?Equality between a and c wave RSI divergence a break of $98 would indicate further downside potential Shortby wsbza7