CVX trade ideas
CVX breaks 13 Day EMA and heads for the 21 Day EMAMuch like most stocks, Chevron NYSE:CVX didn't have a good month of September this year, but it looks like things might be turning around. Looking at the daily chart above, CVX, as been trying to break past the 8 EMA average throughout the last month but found little success until yesterday. Today the price broke through the 13 day EMA. As the stock heads towards the 21 day EMA, one of two things can happen. It can pull up to it and continue down or it breaks past the 21 day EMA and continues going up. Rather than trade directionally, option traders should consider selling put credit spreads. Although this way cap the upside, it also limits your downside .
CVX - Chevron buy support zones analysisHello traders,
Description of the analysis:
Chevron corp. ( CVX ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
LONG CVXExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
CVS intraday trade 09232020CVX had a big selling tail in yesterday´s session, also in 30m time frame the rejection was in the 200 SMA, for that reason, if we wait the correct pattern a short at 76,58 (our resistance level) would be nice to take it.
Volume Regression Trick (feat. Serbian Užičko Kolo dance music)Okay, this is a simple trick with the built-in Linear Regression indicator. I have used two instances of the indicator, but with different sources. The first one uses price of an instrument and the second one uses volume of an instrument. Yes, it is possible to use non-standard source because the indicator has a special input for that.
As result you get a simple tool for trend analysis and its common cases like trend exhaustion or confirmation.
Good luck and stay cheeki breeki!
9/9/2020 - CHEVRON Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
Chevron is below its market average and with the VIX index it creates a great position for the LONG trade. We are in a very volatile period, so I would choose a smaller allocation, so if there were significant declines, the positions would be bought and the average price would change.
Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
CVXNYSE:CVX
Entered a swing trade today on CVX. Noticed that it landed on a resistance line in the wedge pattern. The RSI has been neutral on all time frames but regardless I view the stock as being undervalued. Fortunately the storms haven't affected production either unlike with XOM.
-Entered early in the morning when it did a fake breakout to the bottom. Entered at $84.06 and closed for the day at $84.91 above the 50 day SMA on the 15 minute and above VWAP so I am anticipating that the stock will gap up tomorrow. Extended trading hours activity looks reassuring of continued uptrend.
CVX has 2 signals! I'm in. $95.44 is the top oneBased on our proprietary alert system, we've spotted some signals on CVX. $95.44 is our top one! I'm in with options and ready to go. will scoop up more on dips
NYSE:CVX
CVX looking for retest of lowsPretty standard to see a retest of the lows, looks like it will be happening in the next few month.
CVX
Shows a strong buy signal ( RSI< 20) when SD of 1.5 is broken.
MACD is showing a strong change in direction
If CVX can stay above 86 range, it could continue rally
Chevron Corp (CVX - SPX) - Bears continue dominationChevron Corp (CVX - SPX) is in ABC zigzag down in 2 hr time frame, where C down is in progress and 4th of C on the way. So stay short for 5th wave down. Here A was leading diagonal so the losses will possibly extend. Keep eye on it, because it is possible that the 1st extended wave of C is just about to end after 5th wave ended.
Chevron (CVX) Stock AnalysisSideways trend - the best option is to hold.
Prices might go upward or downward.
Chevron (CVX) – Chevron reported a quarterly loss of $1.59 per share, wider than the 92 cents per share that analysts were expecting. Revenue also came in below forecasts, amid lower oil and gas prices and the pandemic-related drop in fuel demand.
Chevron DivergenceHey everyone,
keep your eyes open for that divergence in the RSI. My histogram shows a sell sign as well. I think a short position could be usefull :)
What do you think?
Buying Chevron CallsStochastics Up
Trading on low bollinger bands
vwm bearish momentum slowing
clear support at $80
Buying calls between $80 - $85
Chevron Corp (CVX - NYSE) - ABC wave pattern Chevron Corp (CVX - NYSE) has completed WXY in double zigzag pattern from bottom as indicated in chart. It dropped in impulse as wave A and correcting up in wave B, which might take 2-3 days to complete. Thereafter C wave will resume the fall in price action. CVX and XOM are about 22 - 22 % holding value of XLE etf, which drag it down as both has C wave down within 2-4 trading sessions. XOM & CVX have same pattern for C down sell after wave B over.
Growth Cap?Due to electrification and more renewable energy companies. 1/2 of the gas/ oil companies I own and I won't be buying anymore but I would hold these for dividends and possibly sell at 120-130 then pick up again lower.
