Chevron has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 45 days. This breakout indicates a potential move to 94.51 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Chevron has broken through resistance of a Channel Down. It has touched this line at least twice in the last 45 days.
