Bull Signal Flashing for Oil & Gas Stock

The shares of oil and gas stock Chevron Corp (NYSE:CVX) still sport a fractional year-over-year lead, despite pulling back over the last two weeks. In fact, going back to May 13, CVX's only win was a 1% gain on May 17. While the security is pacing for its second consecutive weekly loss, investors may have a potential "buy on the dip" situation on their hands.That's because this recent pullback has Chevron stock trading within one standard deviation of its 260-day moving average, a trendline with historicall ...