CVX trade ideas
CVX looking for retest of lowsPretty standard to see a retest of the lows, looks like it will be happening in the next few month.
CVX
Shows a strong buy signal ( RSI< 20) when SD of 1.5 is broken.
MACD is showing a strong change in direction
If CVX can stay above 86 range, it could continue rally
Chevron Corp (CVX - SPX) - Bears continue dominationChevron Corp (CVX - SPX) is in ABC zigzag down in 2 hr time frame, where C down is in progress and 4th of C on the way. So stay short for 5th wave down. Here A was leading diagonal so the losses will possibly extend. Keep eye on it, because it is possible that the 1st extended wave of C is just about to end after 5th wave ended.
Chevron (CVX) Stock AnalysisSideways trend - the best option is to hold.
Prices might go upward or downward.
Chevron (CVX) – Chevron reported a quarterly loss of $1.59 per share, wider than the 92 cents per share that analysts were expecting. Revenue also came in below forecasts, amid lower oil and gas prices and the pandemic-related drop in fuel demand.
Chevron DivergenceHey everyone,
keep your eyes open for that divergence in the RSI. My histogram shows a sell sign as well. I think a short position could be usefull :)
What do you think?
Buying Chevron CallsStochastics Up
Trading on low bollinger bands
vwm bearish momentum slowing
clear support at $80
Buying calls between $80 - $85
Chevron Corp (CVX - NYSE) - ABC wave pattern Chevron Corp (CVX - NYSE) has completed WXY in double zigzag pattern from bottom as indicated in chart. It dropped in impulse as wave A and correcting up in wave B, which might take 2-3 days to complete. Thereafter C wave will resume the fall in price action. CVX and XOM are about 22 - 22 % holding value of XLE etf, which drag it down as both has C wave down within 2-4 trading sessions. XOM & CVX have same pattern for C down sell after wave B over.
Growth Cap?Due to electrification and more renewable energy companies. 1/2 of the gas/ oil companies I own and I won't be buying anymore but I would hold these for dividends and possibly sell at 120-130 then pick up again lower.
Chevron Corporation (CVX) long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
CVX - Chevron Corporation Technical AnalysisNYSE:CVX
Wait the right time to get in this market with a long position.
Short on CVX A potential short idea for CVX down to around 86.4 after first higher low is confirmed.
Chevron looking like a solid long-term buy. People are scared of oil stocks.
This is the "first sell-off' of a major market cycle.
The opportunity in these oil companies is MASSIVE and the risk is very low.
Buying some of this on my stock account.
Stay profitable!
God Bless The Oil Industry. (CVX)50 year parallel channel shattered. It took 50 years to get there, how many will it take to come down?
Be patient. Give it some time to breathe.
Bearish CVX Analysis
This look like a nice bearish setup. Price broke structure, then rallied to test the previous low. Price did not make any higher lows, it meet resistance at the 50.0 fib level. A double top was created which is a bearish candlestick formation pattern. The previous daly candle look to have formed a bearish candlestick.
CVXCVX sigue en ascenso, MACD compra RSI casi en 50 pts, Koncorde muestra venta por ahora, este papel depende del oil en parte. pero esta muy barata y paga lindos div
