Chevron is heading towards a line of 86.25. If this movement continues, we expect the price of Chevron to test 86.25 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Chevron is quickly approaching 86.25. We expect either a breakout through this line, or a rebound.
