Chevron Stock Just Broke Through Resistance Levels in an Epic Move Higher. Should You Buy CVX Now?

Chevron (CVX) shares extended gains on Jan. 5 as investors treated President Donald Trump’s administration’s strike on Venezuela as an opportunity for U.S. oil companies. Monday’s price action confirmed CVX’s break above its major resistance (100-day moving average) at the $154 level, signaling bulls will likely remain in control in the weeks ahead. More News from Barchart Despite the rally, Chevron stock remains down some 5% versus its 52-week high. www.barchart.com What the U.S.-Venezuela Conflict ...