I was looking at the CVX chart last night and, to put simple, it said BUY. I put in a bid before trade because of it. I guess more saw the same.
Recently the chart has...
- Stochastics bullishly cross over and gone through the 20 line.
- RSI had changed direction and heading up bullishly.
- MACD In bullish territory (albeit heading down) and the fast line just starting to turn and head back up towards the slow line.
Yesterday had SP close just above EMA.
I'm a novice chartist but all looked very good. And by the looks of todays action without any results announced, looks to be what caused the movement. Also, after todays action the chart looks even better :) Hope to see a higher close again 2moz
CVX Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
