A Channel Down pattern was identified on CVX at 144.14, creating an expectation that it may move to the resistance line at 150.9870. It may break through that line and continue the bullish trend or it may reverse from that line.
Related Posts
After testing the support line numerous times, INTC is once again approaching this line. Can we expect a bearish trend to follow?
INTC is heading towards the support line of a Falling Wedge. If this movement continues, the price of…
Is the extremely large movement on BRK.B a sign of things to come?
Those of you that are trend followers are probably eagerly watching BRK.B to see if its latest 9%…
Is the AVGO poised for a turn-around after 7 consecutive bullish 4 hour candles?
After posting 7 consecutive bullish candles in 6 days, you may start considering where AVGO is heading next,…