Chevron is heading towards a line of 116.21. If this movement continues, the price of Chevron could test 116.21 within the next 11 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Chevron is approaching 116.21. We expect either a breakout through this line, or a rebound.
