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inthemoneystock (< 20)

Chevron Fades From Open. Watch This Level



March 31, 2011 – Comments (0)

Chevron Corp.(NYSE:CVX) started the morning around the $109.60 area at the open of the day. The stock has faded a bit from the opening high print and is trading around the $108.80 area now. Short term scalp traders must watch the $108.00 level as important intra-day support. Should the stock decline down to that area this would be a likely bounce level.

Nicholas Santiago

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