Monday, August 6, 2012

Chevron - CVX - Buy Signals

I added Chevron (CVX) to the Barchart Van Meerten New High Portfolio for superior upward momentum:


Barchart technical indicators:
  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs an d up 5.94% in the last month
  • Relative Strength Index 65.61%
  • Barchart computes a technical support level at 109.97
  • Recently traded at 111.31 with a 50 day moving average of 104.08


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