03.12.2015 - Price of Chevron will show strong movement after a long consolidation

Chevron stock price is consolidating near the important level of 91.50 and continues moving within the upward trend. Fixing of quotes above 91.50 will be the basis for the continuing growth of the price to the level of 100.00. The fall is limited by the level of support at 86.40 and the bottom of the channel. We expect continued growth in the medium term, but in the near future, we expect strong growth of volatility after the current consolidation.

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