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TraderFx

TraderFx
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  • Chevron Is A Strong Buy [View article]
    Hey Mike.. how are things??? I've been tweaking on my TA for CVX (and thanks to your article, I wouldn't have given this stock a thought). I'm more of a short term trader holding no more than a month or two max.

    $109, might be a bit far fetched and the current levels i'm watching for is $113.98 (+/- few points). Price is currently near $118/$119 which is what I consder a 'grey zone' as price can either shoot off from here or continue on to the final leg for $113 (for clarity, you can see how the last 10 daily candles shaped up).

    Right now there is continued bearish bias. The previous TA, was based purely off Fibs.
    Jun 21 01:05 PM | Likes Like |Link to Comment
  • Chevron Is A Strong Buy [View article]
    Michael, here you go.

    http://bit.ly/11AG9Zv
    Jun 9 09:10 AM | Likes Like |Link to Comment
  • Chevron Is A Strong Buy [View article]
    Interesting article. I trade purely on technical analysis and from the looks of it, there might be some hint of truth to what Oxen group says. We're looking at a correction up to the point of 108 - 109 after which the stock is going to rally (and perhaps even cut through the recent 128 high)

    I'll wait until 109 hits and probably write on my blog about this.
    This would be an interesting trade, watching it unfold.
    Jun 7 02:39 AM | Likes Like |Link to Comment
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