30.09.2016 - We expect price drop of Chevron
The price of Chevron continues to consolidate near the level of 100.00. In case of fixation above this mark, the closest target levels will be 104.30 and 106.80. On the other hand, confirmation of the signal to sell will be fixing the price below the level of 97.80, and in this case, the first objectives will be 94,00 and 87,00. We forecast a drop in prices in the near future and its growth potential is low.