Chevron is heading towards a line of 104.22. If this movement continues, we expect the price of Chevron to test 104.22 within the next 16 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 just like it did in the past.
Chevron is quickly approaching 104.22. We expect either a breakout through this line, or a rebound.
