Chevron Stock (CVX) is continuing its advance today, closely following the price of oil. Meanwhile the stock is still well below highs from last year including those from April 2023, September 2023 and October 2023. That could mean the stock has more room to run. With this trade completed, the day’s profits are up to $6500 thanks in part to the sell-off today.
The trade alert provides the details and further comments.
The rest of this trade alert and ideas article is for FullyInformed Members.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.