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After testing 155.5100 numerous times, CVX has finally broken through. Can we expect a bullish trend to follow?

The price of CVX in heading in the direction of 159.3810. Despite the recent breakout through 155.5100 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

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