Estimating the value growth and the renewal of highs in shares of such companies as Chevron and Exxon Mobil, the US energy sector is quite stable, despite the global crisis conditions.
Yesterday, Chevron shares made a new all-time high, however, the day ended with a Doji star just below the 174.5 resistance level.
In case of the pattern’s confirmation, Chevron may decrease to the lower border of the one and a half month flat 155, otherwise the shares are able to rise to the levels of 182 and 186.5.
This content is for informational purposes only and is not intended to be investing advice.
