Chevron is heading towards a line of 118.00. If this movement continues, the price of Chevron could test 118.00 within the next 2 days. 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 118.00. We expect either a breakout through this line, or a rebound.
