CVXCVX chevron is in parallel channel since 1975 , that's 45 year
above 113 monthly closing we may expect good upside
Chevron
Chevron recent rally may be just a corrective pullback.Chevron Corporation: The move up in the last couple of sessions seems to be a corrective pullback. The RSI is now at the bearish extreme zone, the candles are forming bearish patterns. The prices have also closed below the KS & TS lines. The trend down is expected to continue. A close below 115.5 will confirm the trend.
