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Breach of resistance could mean a start of a bullish trend on Chevron

Chevron has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of Chevron to test 101.23 within the next 7 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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Nike Inc. Cl B is quickly approaching 163.82. We expect either a breakout through this line, or a rebound.

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We expect a $4.26 movement on SB within 4 hours following the event release at 28 Jul 12:30.

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