Seeking Alpha
  • kevineleven
    anyone else think that CVX is peaking right now? thinking of shorting it. thoughts?
    2/23/12
    Reply (3)
    • John R. Conway: If CVX breaks the $110 level then its making the next leg higher. but, 110 looks toppy for now
      2/23/12
    • kevineleven: that's what i was thinking. if it breaks $110 i'd go in for a long hold, but otherwise i can't see any indicators that it's a buy right now.
      2/23/12
    • John R. Conway: I agree when looking at a 5year chart CVX is a tough stock to pull the trigger where it is at now.
      2/23/12