10.03.2016 - Shares of Chevron can be corrected downward

The price of Chevron broke through the upper limit of the downward channel, and has reached the strong resistance level, the overcoming of which will be the cause for the further rise in share price to 100.00 and 106.80. On the other hand at the moment there is a good opportunity to open short positions with a stop above 94.00 and target levels at 89.00. We forecast the fall in the near future.

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