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Chevron Corporation
Long

Testing...

By ArturoL
Updated
Looks a test of the broken resistance. Also could be a false breakout. I bought calls anyway 01/17 strike 170. If it is a test, it should go up very fast.
Trade active
Dang. Price landed on the trendline. If it breaks is down I'll sell my calls with a loss. Hope it holds.
snapshot
Note
Nice bounce.
My calls are almost in green territory and still more than a months out to expire:

snapshot
Trade closed manually
Fiasco
breakouttradingcallsEnergy CommoditiesParallel ChannelSupport and Resistancetest
ArturoL
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