The breakout of Chevron through the 118.19 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Chevron could test 121.02 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 118.19 numerous times, Chevron has finally broken through. Can we expect a bullish trend to follow?
