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Key Chart Alert: Chevron (NYSE:CVX)

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January 17, 2013 – Comments (0)

Chevron Corporation (NYSE:CVX) is trading at $115.43, +1.46 (1.28%). The key to this price point is the gap window. Note the chart below. Generally, stocks will see a pull back off gap window prior to going to gap fill which is at $117.35.

Considering a proprietary time count is seen here as well, there is a solid chance of a pull back in the next few days. 

Gareth Soloway
InTheMoneyStocks

 

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