Chevron: The Chart’s Reaching a Critical PointChevron is starting to look very interesting again — but let’s be clear from the start: Chevron, like every oil giant, lives and dies by the price of oil. If oil rips higher or collapses due to global politics, supply shocks, or economic chaos, Chevron NYSE:CVX follows. No exceptions.
That said
Key facts today
Chevron, in collaboration with Shell, ExxonMobil, TotalEnergies, and ADNOC, has assessed the potential acquisition of BP, as reported by the Financial Times.
Chevron is in arbitration with ExxonMobil over its planned acquisition of Hess, which could affect its future acquisition strategies, including interests in BP for growth in gas and trading assets.
CVX demand zone!OptionsMastery:
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CVX Trade Setup — Catch the Bounce + Dividend PlayChevron ( NYSE:CVX ) is setting up for a potential bounce from strong support around $134.96 (S2 level). The trade aligns with both technical and fundamental tailwinds:
🟢 Technical Setup:
Holding just above S2, showing signs of base formation.
Clear risk/reward box:
Entry: ~$135
Target: $150.05 →
Understanding How to Trade With HFTsHigh Frequency Trading Firms provide liquidity to the public stock exchanges and have been around for more than 20 years. HFTs are called "maker/takers" as the make liquidity by selling shares of stock when there is a high number of buyers but fewer sellers. They take the market and sell short to p
CVX eyes on $146: Proven Resistance to stop bounce or Break?CVX got a Tariff Relief bounce into resistance.
Look for a dip or break and retest for long entry.
Or if Oil keeps getting spilled then short here.
$ 145.89-146.28 is the exact zone of interest.
$ 153.55-153.88 above is quite achievable.
$ 127.32-128.04 below a good shorting target.
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Chevron (CVX) – Strong Growth & Cash Flow ExpansionCompany Overview:
Chevron NYSE:CVX continues to demonstrate strong operational efficiency, strategic expansion, and record-breaking U.S. production.
Key Catalysts:
Production Growth & Profitability 🚀
Global production up 7% in 2024.
U.S. output surged 19% to record levels.
Permian Basin neari
Is Chevron Attempting a Breakout?Chevron has gone nowhere for more than a year, but some traders may think that’s changing.
The first pattern on today’s chart is the $162.30 level, the highest weekly close since last May. The energy giant challenged that resistance a few times without success -- but yesterday may have broken it de
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