Chevron is forming a H&S bottom. The breakout of its H&S bottom also corresponds to a well defined rectangle.
I might open a small long position tomorrow with a stop at the 84 level. A clean break above 95 and the target would be 125.
Chevron is forming a H&S bottom. The breakout of its H&S bottom also corresponds to a well defined rectangle.
I might open a small long position tomorrow with a stop at the 84 level. A clean break above 95 and the target would be 125.