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Great Bullish Setup for CVX

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NYSE:CVX   Chevron Corporation
CVX bounced off of its support and is also displaying bullish signals via the MACD on both the daily and the weekly time frames. Due to the weekly displaying a bullish signal, we now know the major trend direction and can safely ride the wave upwards.

Bullish Signals
-MACD on Daily and Weekly
-B% shows oversold
Bounced off of Fibonacci
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