Chevron (
CVX) is setting up for a potential bounce from strong support around $134.96 (S2 level). The trade aligns with both technical and fundamental tailwinds:
🟢 Technical Setup:
Holding just above S2, showing signs of base formation.
Clear risk/reward box:
Entry: ~$135
Target: $150.05 → ~+10.5%
Stop: $133.73 → ~-2.4%
R:R Ratio: ~4.6:1
MACD histogram flipping positive.
RSI rebounded from oversold and consolidating.
💰 Dividend Catalyst:
Ex-div date: May 19
Yield: 5.04% (quarterly payout of $1.71/share)
Chevron has increased its dividend for 37 consecutive years — strong income + growth combo.
This is a solid swing + yield capture setup. I’m long from $135.64.
📈 Watching for confirmation over $137 before scaling.
Do you think CVX hits $150 before ex-div? Drop your chart 👇
🟢 Technical Setup:
Holding just above S2, showing signs of base formation.
Clear risk/reward box:
Entry: ~$135
Target: $150.05 → ~+10.5%
Stop: $133.73 → ~-2.4%
R:R Ratio: ~4.6:1
MACD histogram flipping positive.
RSI rebounded from oversold and consolidating.
💰 Dividend Catalyst:
Ex-div date: May 19
Yield: 5.04% (quarterly payout of $1.71/share)
Chevron has increased its dividend for 37 consecutive years — strong income + growth combo.
This is a solid swing + yield capture setup. I’m long from $135.64.
📈 Watching for confirmation over $137 before scaling.
Do you think CVX hits $150 before ex-div? Drop your chart 👇
Trade aktif
Still active + got the dividend. Trading ditutup secara manual
9.24% gain - closing out a bit early but also got the dividend. Good trade ++If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
Pernyataan Penyangkalan
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If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.