The movement of Chevron towards 131.60 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.
After testing 131.60 numerous times, Chevron is once again approaching this price point. Can we expect a bearish trend to follow?
