CVX eyes on $146: Proven Resistance to stop bounce or Break?

10 Apr

CVX got a Tariff Relief bounce into resistance.
Look for a dip or break and retest for long entry.
Or if Oil keeps getting spilled then short here.

$ 145.89-146.28 is the exact zone of interest.
$ 153.55-153.88 above is quite achievable.
$ 127.32-128.04 below a good shorting target.

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11 Apr

Dagangan aktif

Plunk

(yellow shaded area is from posting time).

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Closed 1/2 short position with >7% gains


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Will trail a stop until final target:

Looking for $128.xx for 12% gains on second half.

Placing the SL just above the Genesis fib at $137.98

so SL at $138.56 hoping to ride down to $128.04

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