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
Key facts today
Chevron has sold its 45% stake in Red Sea Block 1 after failing to find oil and gas resources, redirecting its focus to other regions in Egypt.
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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AB=CD on Chevron. CVXEarly bounce off support now, full steam ahead to the upside , crossing vWAP and US in the second last candle. Now MIDAS crossed. Below oscillators have or are about to turn bullish, reflective of the upgoing candlesticks. This is an AB=CD as far as I'm concerned and Kennedy channeling for stationa
What Lies Beneath Chevron's Venezuelan Exit?In a striking geopolitical maneuver, the Trump administration has revoked Chevron's license to operate in Venezuela, effective March 1. This decision marks a sharp departure from the Biden-era policy, which had conditionally allowed Chevron’s operations to encourage free elections in the beleaguered
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