The breakout of Chevron through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Chevron to test 96.96 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, Chevron has finally broken through. Can we expect a bearish trend to follow?
