Chevron technical Analysis

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The idea is to hold - prices moving inside a channel and only if the support level of 65.usd will not be broken the idea would be to go long.

Chevron (CVX) – Chevron posted a third-quarter profit of 11 cents per share, compared to analysts’ forecasts of a 27 cents per share loss. Chevron’s revenue came in below estimates, but managed a profit by controlling costs. Shares were little changed in premarket trading as of 7:42 a.m. ET.

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