Chevron (CVX) was among the top Dow Jones leaders on Tuesday. The oil giant received support from the rise in oil prices, which rose yesterday by more than 20% in the stock market.
Chevron, H4
Pivot: 92.75
Chevron (CVX) was among the top Dow Jones leaders on Tuesday. The oil giant received support from the rise in oil prices, which rose yesterday by more than 20% in the stock market.
Pivot: 92.75
Provided that the asset is traded above 87.10, follow the recommendations below:
In case of breakdown of the level 87.10, follow the recommendations below:
RSI shows an upward trend.
Resistance | Support |
112.60 | 87.10 |
106.20 | 78.80 |
98.90 | 66.75 |
Pivot: 94.40
While the asset is traded above 82.30, follow the recommendations below:
If the level 82.30 is broken-down, follow the recommendations below.
RSI is above the neutral area by 50. The MACD is above the signal line and is positive. The configuration is positive. In addition, the stock is above its 20 and 50 daily moving averages (86.77 and 82.21 respectively).
Resistance | Support |
138.60 | 82.30 |
129.90 | 68.00 |
121.30 | 59.60 |
Pivot: 701.32
While the asset is traded above 597.00, follow the recommendations below:
If the level 597.00 is broken-down, follow the recommendations below.
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