The breakout of Chevron through the 97.74 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Chevron to test 95.39 within the next 15 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
Is the extremely large movement on BRK.B a sign of things to come?
BRK.B has experienced an extremely big movement in last 35 days. It may continue the trend, but this…
Because XOM formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
XOM is heading towards the resistance line of a Channel Up and could reach this point within the…
AMZN seems to be on its way to support – a possible opportunity?
AMZN is heading towards a line of 205.0600. If this movement continues, the price of AMZN could test…