To The Moon

$Chevron(CVX)$

$Chevron(CVX) +0.58% at $209.80: Energy Titan Nears Breakout Above $211 Resistance, MACD Bullish Cross Intact 🛢️

Latest Close Data: CVX closed at $209.80 (+0.58%, +$1.20) on Sep 9, 2026, just 2.3% below its 52-week high of $214.71. Volume was modest at 7.71M shares with a volume ratio of 0.95.

Core Market Drivers: Chevron and Halliburton are reportedly close to a multi-billion-dollar investment deal in Venezuela's Orinoco Belt. Meanwhile, Berkshire Hathaway maintained its 4.30% stake, signaling continued institutional confidence in energy cash flows.

Technical Analysis: MACD remains bullish with DIF (4.81) above DEA (4.60) and a positive histogram of +0.42. RSI(6) at 65.3 and RSI(12) at 65.9 show firm bullish momentum without being overbought. KDJ's K-line (76.7) holding above D-line (72.9) confirms trend strength.

Key Price Levels: 📍 Primary Support: $183.37 | Strong Resistance: $211.48 | Immediate Pivot: $209.00. A daily close above $211.48 opens the path to retest $214.71.

Valuation Perspective: P/E TTM of 20.15 is elevated versus the 15.67 historical average, though forward P/E of 13.01 sits well below the +1 Std.Dev of 20.21. P/S of 1.98 remains reasonable for integrated energy.

Analyst Targets: 22 analysts covering CVX set an average target of $220.33 (range: $175-$243). 6 Strong Buy, 16 Buy, 3 Hold, and 1 Underperform—bullish consensus prevails. 🎯

Weekly Outlook: Expect range-bound consolidation between $207-$214. A breakout above $211.48 targets $218-$220; failure at $209 support risks $204-$200 retracement. 📊

⚠️ Risk Disclaimer: Technical analysis is probabilistic, not predictive. Energy equities carry commodity price, geopolitical, and regulatory risks. This post is for informational purposes only and does not constitute investment advice.

🎯$Chevron(CVX) Options Strategy: Bull Call Spread (Debit Spread)

• Underlying: CVX (Chevron Corp)

• View: Mildly Bullish – Breakout above $211.48 resistance expected, with upside target of $214–$218

• Strategy Type: Debit Spread / Directional Bullish

• Option Contract Portfolio:

  • Buy 1x CVX 2026-09-18 210 Call @ $3.85 (ask: $4.05, mid: $3.85)

  • Sell 1x CVX 2026-09-18 215 Call @ $1.86 (bid: $1.70, mid: $1.86)

• Max Gain & Loss:

  • Max Gain: $3.01 per share ($301 per contract) if CVX closes at or above $215 at expiration

  • Max Loss: $1.99 per share ($199 per contract) if CVX closes at or below $210 at expiration

• Initial Cost/Credit: Net Debit of $1.99 per share ($199 per contract)

When markets keep you watching, knowing when to switch off matters too.

A strong U.S. jobs report has put rates back in focus, with this week’s CPI data set to be another key market mover — keeping overnight trading firmly on investors’ radar. But investing is a long game, and you don’t have to watch every move. The new Night Trading Dollar Eye Mask is soft, lightweight and comfortable, made for quick breaks between market moves, power naps or long-haul travel — so you can switch off, recharge and come back ready for what’s next.

Redeem the new Night Trading Dollar Eye Mask in Tiger Coin Mall. Keep an eye on the market — and give your eyes a break.

https://laohu8.com/J/redeemGift?goodID=100557&type=delivery