Chevon Corp (CVX)
Expecting Price Mark Up
Recent higher oil price is expected to aid the company’s bottom line. Technically, price breakout out from trading range.
Both market indicators Relative Strength (RS) and Fund Flow Index (FFI) heading higher, we expect CVX to touch 1st target at US$171.80, with 2nd target at US$179.60.
Stop price below US$156.20.