Chevron Revs Its Engine
Today I'll get a bit more specific on a Chevron (CVX) setup I'm watching, and it starts with the weekly chart.
Chevron (CVX) -- Weekly Source: Dynamic Trader View Chart »Chevron is currently rallying from a support decision of between $98.85 and $100.81. This zone includes the coincidence of a 0.618 retracement of one swing, a 0.786 retracement of another and the 100% projection of a prior $17.72 decline. The actual low was made at $100.66 on Nov. 15....284 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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