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Is CVX building bullish momentum? Pocket Pivot shows up after climbing 1.24%
On Monday, July 20th, CVX moved up 1.24% while volume was to 0.9× the usual levels. Multiple bullish signals emerged — Upper Bollinger Band Walk and Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 186.98, 184.25 & 182.57, with resistance at 191.39, 193.07 & 195.8. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of CVX: A
There’s more where that came from. See all of today’s signals for CVX here.
Read full article here »