Chevron Corporation
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CVX | Houston, We Have A Problem | LONG

1 067
Chevron Corp. engages in the provision of oil and gas energy solutions. It provides crude oil and natural gas, manufactures transportation fuels, lubricants, petrochemicals, and additives, and develops technologies that enhance business and the industry. It operates through the Upstream and Downstream segments. The Upstream segment consists of the exploration, development, and production of crude oil and natural gas, the liquefaction, transportation, and regasification associated with liquefied natural gas, the transporting of crude oil by major international oil export pipelines, the processing, transporting, storage, and marketing of natural gas, and a gas-to-liquids plant. The Downstream segment consists of the refining of crude oil into petroleum products, the marketing of crude oil and refined products, the transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car, and the manufacturing and marketing of commodity petrochemicals and plastics for industrial uses and fuel & lubricant additives. The company was founded on September 10, 1879 and is headquartered in Houston, TX.
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Chevron isn't just grinding higher; it is officially locked into a destined super cycle.

The math is pointing straight to a $260+ price target.

You can debate the macroeconomic headlines all day, but the past never lies.

The pattern is forming, and it will show its face again. Why? Because charts aren't just lines, they are pure human psychology. In the markets, human psychology is the hardwired, predictable loop of mass fear and greed, permanently recorded as volume and price action. The players change, but the emotions never do.

The crowd is acting out the exact same script they did during the last cycle. Let them trade the news. I'm trading the human condition.

The divergence is clear.

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