Cape-Peninsula-Capital

Chevron

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NYSE:CVX   Chevron Corporation
Description: The price of chevron shows a very clean horizonzal support area between 93$-96$. Also, the 100EMA has proven its significance in the recent past and should also act as support. The trade will be entered when a trendreversal pattern (hammer, doji, engulfing etc.) occurs at the support area.
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