Stock Of The Day: Is The Chevron Rally About To End?

Group 1 - Chevron Corp shares are trading higher due to investor optimism regarding future prospects in Venezuela following the ousting of President Nicolás Maduro [1] - The stock is showing exceptional strength, but there is a possibility that the rally may pause or stall around the $169 level [2] - Emotional factors can influence stock movements, as seen in Chevron's price chart [3] Group 2 - Support levels for Chevron were observed around $135 in April and May, where many investors who sold at this level later regretted their decision [5][6] - The concept of seller's remorse has led to a concentration of buy orders at the $135 level, creating renewed support [6] - Resistance may form around the $169 level, as many investors who bought shares there are now experiencing buyer's remorse and may place sell orders if the price returns to this level [7][8]