CHEVRON @ Daily @ 1st Close above 2015 Yearly High

Maybe the most interesting technical picture of all DOWI shares !?

How ever,
this week was very exciting - very volatile and created an ambitionaly SetUp ...

  • 113.29 CVX closed @ todays Thursday Trading Day
  • 112.98 CVX was Yearly High 2015
  • 107.68 CVY was Yearly High 2016 (before Trump Election)

Actuallity Trading Box (last 2 trading days) is the way to go
- even the SetUp TradingBox, if i am not wrong (between 114.91 & 111.27) ...

Above 114.91 i would prefere the long side into year end 2016
with a target of > 120.31 (zoom chart for a better technical understanding)
- & the Sentiment should also be not against (emotional resistances) energy stocks

Take care
& analyzed it again
- it`s always your choice ...

Best regards
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