Bears can no longer contain CHEVRON stock

  • Oct 21 2021
  • by
  • Analyst AZA
Bears can no longer contain CHEVRON stock

Bears can no longer contain CHEVRON stock

The growing trend of CHEVRON shares is in full swing. The price quickly reached the strong resistance level of 113.00. The price is testing this level for strength for the third time. Judging by the inertia of the price growth, the bears can no longer hold back the bulls and this resistance level will be broken. We will open a position immediately after breaking the c level with a large target of 370 pips.

Symbol: CHEVRON
Order Type: Market - Buy Stop
Entry Price at 113.30
Take Profit at 117.00
Pips Earning: 370

Forex trade strategy for major currency pairs:
EURUSD buy at the price of 1.1650
USDJPY buy at the price of 114.15
GBPUSD buy at the price of 1.3815
USDCHF sell at the price of 0.9170

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Daily technical analysis of the stock market from AZAforex
The profit can be $370.00 if the trading volume of 100 Shares.
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