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After testing 157.2650 numerous times, CVX is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of CVX towards 157.2650 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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