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.
Related Posts
AMD heading towards a price it has tested 4 times in the recent past.
AMD is approaching a support line at 161.8950. If it hits the support line, it may break through…
INTC is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
An emerging Channel Down has been detected on INTC on the 30 Minutes chart. There is a possible…
NVDA keeps moving closer towards 183.3100. Will it finally breach this level?
NVDA is en route to a very important line that will be a definite deciding factor of what…